South Africa Top 40 Index
Short
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Top40- 4000 points on offer...

50
The Top40 has come under immense pressure over the last week or so and after the weekend's news, markets are shaky. The index has not only broken support, but also the 50 day moving average, with the RSI looking very weak and stochastics showing heavy selling. I think any bounce near 71000 can be shorted for a continuation of downward momentum. The next level of any meaningful support is rather far away...lots of room to scoop some volatility profits.
Trade fermée: cible de profit atteinte
Sorry, forgot to update yesterday.

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