JSE:STXIND: JSE Industrial Stocks Distribution

٦ يناير ٢٠٢٠Updating the previous post at the start of 2020 (see below) has not changed my evaluation that the JSE Industrial Stocks are being distributed. The relative strength to the Top 40 index is declining an we have seen some signs of weakness (SOW) and inability to rally. Will be watching the start of 2020 for the start of the markdown.