ALSITRADER

$JSE-MEI

JSE:MEI   None
JSE:MEI

Last few months was consolidating in rectangular pattern. Break higher was expected but this morning it broke lower.

There are small support around 6900/7000 but looks like will go and test 6400/6500 area as pattern projection.

Bellow 6900 next support is only around 6000.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.