JSE ALSI Target set to 80,000!

As expected, the JSE ALSI consolidated a handle and the price broke up and out of the brim level.

This aligned with the upside of the Santa Claus Rally along with the resource rally.

We also have the January Effect that will continue to push the price up.

We have an aggressive entry on the longer time frame, and others will wait for a pull back to the brim before buying up.

So the target remains at 80,000.
ALSIChart PatternsFundamental Analysisjsejsealsi40southafricastockindexStocksTrend Analysis

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Timon Rossolimos
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(Pro trader since 2003)
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