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VillageTraderZA
2022년 11월 3일 오전 7시 1분

The line of least resistance still facing to the floor 

South Africa Top 40 IndexJSE

설명

It seems the line of least resistance is still point downward. The strongest group of stocks (financials) seems to be also giving grown and losing their will to rise. As the US S&P500 failed to break its 50 day EMA reversing with a bearish engulfing candle and shooting right through the 50 day EMA. Seems the US has sneezed. We normally catch a flu.

rates still going higher Fed adding another 75 points.

The wedge is narrowing. and that's worries some.
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