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Views on SA Top 40 Index going long for a while?


Guest Amy1009

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Guest Amy1009

I am on a negative trade and it appear now that the pullback is not in near. Your views on possible pullback or reversal? Shall I fund my account further or rather take my loss? Your comments will be appreciated

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5 hours ago, Amy1009 said:

I am on a negative trade and it appear now that the pullback is not in near. Your views on possible pullback or reversal? Shall I fund my account further or rather take my loss? Your comments will be appreciated

Hi, not sure from your post the direction of your trade or the time frame you are working on, from the daily chart short term the SA40 is on a bullish run but has just run into previous support turned resistance and so is at a decisive juncture and looks like putting in a pause candle for the day. Difficult to call but if Dow can continue upward next week it's probable SA40 will too.  

141132001_SouthAfrica40_20190906_20_13.thumb.png.3ce8ae088424d2ddf8de32e07c9b0fcd.png

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