JSE TOP 40 Index Note – 04 Nov 2024
The expected and current market consolidation seems to be forming a bullish continuation pattern.
This phase is most probably building a base for further gains, as part of the larger bull trend.
Weekly Rand Report – 04 Nov 2024
Please find attached the weekly USD/ZAR report.
JSE TOP 40 Index: The Bigger Picture – 29 Oct 2024
Please find attached the monthly, long term JSE TOP 40 index update.
Rand Monthly Report – 28 Oct 2024
Please find attached the month-end Rand report where we examine the local currency against the major global counterparts.
JSE Top 40 Note – 22 Oct 2024
The JSE TOPI Index update.
Rand Weekly Report – 21 Oct 2024
The USD/ZAR medium- and short- term expectations remain in line with recent market moves.
We expect volatile range trading within medium term parameters for the rest of the year.
The occurrence of a rare running correction with extended bullish consequences remains possible,
but is not the preferred outcome. We will keep a close watch as price action develops and clarifies the situation over time.
JSE Top 40 Index Note – 15 Oct 2024
An overlapping longer term bull phase suggests ongoing volatile moves with an upside bias over time.
The medium term view of moderate further gains remains valid.
Rand Weekly Report – 14 Oct 2024
Medium term moves have remained within long term consolidation parameters and have also consistently exhibited corrective traits.
This suggests that while the USD/ZAR pair should remain within stated parameters.
Volatility and ad hoc moves is likely to continue for the rest of 2024.
JSE TOP 40 Index Weekly Note – 07 Oct 2024
The maturing bull trend could have moderate further shorter -term upside potential.
Despite the short-term bullish bias, it is increasingly difficult to see a medium- term extended bullish scenario from current market levels.
Recent formations and price action suggest volatile and overlapping moves over the foreseeable future.