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JSE is lagging big time

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stores
Super Contributor
OK Guys...I posted the question..but a good debate afterwards about price action. Thanks. My questoin was probably not clear...What I really want to know is why the JSE is lagging other markets. (i.e on 1 April DOW was 14579 and now and yesterday 14719; FTSE level. JSE went from 39861 to 38783. Why are we lagging?
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SimonPB
Valued Contributor
the correlation between JSE and global markets is about zero .. the closest we have is FTSE100 on 15 minute chart vs. Top40 .. has been for about the last decade and no reason why that would change ..
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Rams
Super Contributor
and whatever your question was...it was answered..."nobody knows"...
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Rams
Super Contributor
and as for the confusion, Thresh has recommended:'Anyway - when one is confused - go back to basics"
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stores
Super Contributor
Thanks Simon..I will ignore the garbage below.
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Rams
Super Contributor
Ja ,well, even Simon could not assist with your confusion , until you cleared up....
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Creature_of_the
Super Contributor
I see the market as a puppet with a few million strings attached ............Remember our market went up and peaked before the Dow etc....showing the way ahead....
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