WES-T

Stage set for bullish impulse SA40

Long
TVC:SA40   South Africa Top 40 Index
From 63884 down to 54704 SA40 has traced out a corrective flat pattern. The move retraced 50% of the previous impulse back to 89,W support MA. RSI is also back down to buy level to where the previous implies kicked off. The next EW phase will be an Impulsive move to ATH reguardless of the wave count.
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