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JSE TOP 40 Note – 12 August 2024

The weekly JSE Top 40 index update.

The medium- term view of a bearish corrective phase is confirmed by volatile and overlapping price action.

Longer term investors should remain calm with a definite re- emergence of the cyclical bull trend outcome on the other side of this volatile mess.

Traders and speculators can capitalize on the interim expected trends that should occur.

The important activation and negation market levels are even more crucial in volatile corrections, as highlighted in the report.

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