JSE ALSI 40 - Update
We've seen the ALSI 40 form a restriction range between 70,122 and 67601.
It broke above the downtrend on Friday, just to come back down and form a fakeout following Americas downside on Friday night.
As most Premium know. Monday is a choppy day with no definitive chosen trend and so we'll let it choose a direction first before making any decisions.
It's these times where it's good to be hedged with longs and shorts during this timulteous time. I'll let you know...
We've seen the ALSI 40 form a restriction range between 70,122 and 67601.
It broke above the downtrend on Friday, just to come back down and form a fakeout following Americas downside on Friday night.
As most Premium know. Monday is a choppy day with no definitive chosen trend and so we'll let it choose a direction first before making any decisions.
It's these times where it's good to be hedged with longs and shorts during this timulteous time. I'll let you know...
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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)