JSE:J200 Looking Weak

٥ يوليو ٢٠٢١

As indicated in the post linked below I a break of the trendline could start the markdown. We have now seen this break and a backup to the breakout level. The break occurred on some volume and the attempt to recover could not break the 50Day SMA and could not stay above 60000. This looks very weak and this could be the start of a markdown.