South Africa Top 40 Index

JSE Top 40 Index

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JSE TOP 40 INDEX: My most recent long and short views were: (1) Accumulation at the re-test of the breakout level and (2) Distribute at the swing highs. See blue and red circled areas. Both Thursday and Friday saw strong buying off the lows of the day with closes above the 8 x 21-EMAs. What is medium term out going into year-end and how am I seeing it technically?

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