After having experienced extreme volatilities in the last few months, the market is now showing encouraging patterns pointing to higher prices / index values. The first chart is the FTSE/JSE Top 40 index.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNwJlynZD4hGI6IA5G_UsGfm-u-MN-1q7h-68mLu3P-DQ3VshT6AI1laPQkbbNVYxp3pvtDdR661jGq8n47mBOb9_rXO3LGMcUjcSS7GJWJBvJPepO6Sq8ok_0mDKfQiO2KH2aWHWWZIGC/s400/081210+topi+complete+inverse+HS.jpg)
The chart shows the Top 40 index has completed an inverse Head & Shoulders pattern, and it has broken out, pointing to a target of 23,640.
1 comment:
i found it very useful ,cause i am quiet interested in investment, it helps me a better understanding .
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