Nasdaq onwards and upwards to ATH at 16,500
Extended W Formation has formed on Nasdaq.
SImilar to Dow Jones.
They seem to be leading indices which could drive up the JSE ALSI 40 along with it.
We need to bne open minded for potential change ahead but trade according to what we SEE rather than what we feel.
Other indicators are showing upside to come.
7>21>200
RSI>50
Price breakout downtrend
Target 16,500
SImilar to Dow Jones.
They seem to be leading indices which could drive up the JSE ALSI 40 along with it.
We need to bne open minded for potential change ahead but trade according to what we SEE rather than what we feel.
Other indicators are showing upside to come.
7>21>200
RSI>50
Price breakout downtrend
Target 16,500
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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