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Retracement complete, next move incoming
The JSE ALSI looks like it has completed its retracement and is now ready for the leg upwards.
The three signals below are showing the the index is oversold.
The next move should break the 70 000 -71 000 mark. That's an upside of 7.3% - 8.6% if everything goes according to the chart and trading signals.
Lets wait and see :)
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Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
The three signals below are showing the the index is oversold.
The next move should break the 70 000 -71 000 mark. That's an upside of 7.3% - 8.6% if everything goes according to the chart and trading signals.
Lets wait and see :)
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
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