$J835 JSE Banking index forming a H & S top

A confirmed close below 9400 points, could see the banking index on the JSE move down to 8900 (+- 6.3% move from current levels). We are witnessing the formation of a head & shoulders top which could trigger further downside in our banking stocks.

Chart Patterns

"If you do what you love, you'll never work a day in your life" - Marc Anthony
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