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Hi. Last week the Top40 broke downward from its rising wedge formation. I would just like opinions as to whether you guys think this uptick is just a throwback and we'll fall thereafter or if we could see a more sustained move and a break of important resistence at 20600? Thanks.
I think it is touch and go, with today giving false ideas (the US on holiday). Personally, I think if we do go up, we will set new highs, but as always, the fate of hte JSE seems to lie in the hands of wall street and the FTSE