Timonrosso

JSE ALSI 40 testing support before further upside to 75,000?

Long
JSE:J200   South Africa Top 40 Index
The JSE ALSI 40 is retesting the support from the breakout from the broadening formation...

We need this level to hold to continue the upside.

America got downgraded from AAA to AA+. This might cause turblence with the upside to come.

We'll have to let the panic settle and for the bulls to continue fighting for the upside support.

I'll let you know.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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