Candlestick Formations form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share code (2) the candle's 'change from open’ (over 1 session) i.e. from the start of the first...
JSE Sector Ratings
Multi-time frame sector ratings.
Here, you are able to view which phase a sector might be in, as per the stated time frame.
Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
Technical Summary: Mid & Large Caps, as of Friday's close.
Here, you are able to view which phase a share might be in.
Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
JSE Relative Sector Status and Change, as of yesterday’s close (Sector Rating Change Relative To The Top 40 Index)
See if a sector is improving, unchanged, or weakening relative to the high time frame.
JSE Relative Sector Ratings, as of yesterday’s close (Sector Rating Relative To The Top 40 Index)
See in which phase a sector is in according to the time frame.
JSE Technical Summary: End of Day Monday 18-March-2024
Technical Summary: Mid & Large Caps, as of Yesterday's close.
Here, you are able to view which phase a share might be in.
Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
You need to stop wasting precious time.
I have had members who’ve been with me for 15 years and haven’t even taken a trade.
I have written this article in a way that you can relate to the problems with traders wasting time.
Ready?
#1. Wait for Inspiration
Trader A: “I just can’t trade today. I’m waiting for that magical moment when inspiration strikes!”...
JSE Technical Summary: End of Day Friday 15-March-2024
Technical Summary: Mid & Large Caps, as of Yesterday's close.
Here, you are able to view which phase a share might be in.
Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
JSE Technical Summary: End of Day Thursday 14-March-2024
Technical Summary: Mid & Large Caps, as of Yesterday's close.
Here, you are able to view which phase a share might be in.
Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
HOW TO USE THE RELATIVE SECTOR REGIMES: JSE Technology as an example. This data set is published daily and shows how a sector is performing compared to the broader market (using JSE Top 40 Index as a proxy). Toward the latter part of last week, NPN and PRX (JSE Technology) was trading in an oversold range versus the Top 40 Index. This can be seen with indicator...
Candlestick Formations form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following: (1) The share code (2) the candle's 'change from open’ (over 1 session) i.e. from the start of the first...
JSE Technical Summary: End of Day Thursday 07-March-2024
Technical Summary: Mid & Large Caps, as of Yesterday's close.
Here, you are able to view which phase a share might be in.
Overbought, High Bullish Momentum, Strong, Neutral, Weak, High Bearish Momentum, Oversold.
We’ve all had this moment.
Where we stare at our screens, scratching our heads, wondering a bunch of stuff.
Why is this so slow?
Why can’t I press the button
Where am I going wrong?
We’ve chased trends, hesitated when we should have acted, and let our emotions play puppeteer with our portfolios.
Today is the turning point.
For you!
It’s time to say…
“I’m...
06h30 | JSE Relative Sector Ratings, as of Friday’s close (Sector Relative To The Top 40 Index).
Sectors include:
Tech
Miners
Banks
Insurers
Hospital Groups
06h30 | JSE Sectors vs Moving Averages, as of Friday afternoon
Sectors vs their 8, 21 and 50-EMAs as well as their 200-SMA's.
Also highlighted is the status (Leading, Lagging, Weakening or Improving)
An overbought rating often overlaps with high bullish momentum however the long-side reward-to-risk can be unappealing. How can traders approach these shares and how can it lead to a trading opportunity?
The bullish price momentum could continue, however traders may want to look for early signs of a slowdown via: (1) poor candle candle structure on the lower...
