JSE Bear Market Rally before the fall to 61,403
It's clear that we've had the 1 year anticipated breakout.
And it's down.
Right now, we are having a slight rally which is known as a Bear Market Rally or a Dead Cat Bounce.
The price can go up a day or two but the resistance level will most likely hold. And this will cause the next down leg with the ALSI...
First target will be around 61,403
And it's down.
Right now, we are having a slight rally which is known as a Bear Market Rally or a Dead Cat Bounce.
The price can go up a day or two but the resistance level will most likely hold. And this will cause the next down leg with the ALSI...
First target will be around 61,403
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)