Is the JSE ALSI forming a W Formation or is it darts to play

19 באוק׳ 2023

It's like throwing darts and guessing whether it's going up or down for the month...

This is an intraday traders haven rather than a swing (position) traders environment...

The best we can do is diversify and hedge different longs and shorts at the same time and risk a little...

Only technical thing I can say is if the support holds and the price goes up, it could form a W Formation...

This will be the only semblance of hope of upside to come. But we'll play it by ear as always.