South Africa Top 40 Index (SA40) Overview and Market OutlookHello,
The South Africa Top 40 Index (SA40), also known as the JSE Top 40 Index, is a capitalization-weighted index that tracks the performance of the 40 largest companies listed on the Johannesburg Stock Exchange (JSE)—Africa’s largest stock exchange. Despite covering a relatively small number of
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DISASTER Recipe for trading destruction (5 Points)🏊♂️ Do You Ever Try Swimming Upstream?
Unless you’re doing it for exercise and the strain…
You’ll know it’s exhausting.
And if you go against the direction of the waves, you’ll get nowhere very slowly—until you either reach the destination or give up.
Well, I find that trading against the tren
JEducation

The JSE Top40 Medium-Term ViewThe JSE Top40 is at a point of a relief rally though the bigger picture is that of a yearly decline. So the expectation is that we can rally while expecting price to be capped by the black trendline, we either make it there or we turn down before reaching this point. Longer term I expect price to tr
JSE TOP 40Good Day
We have been tracking bullishness on stock indices closely since September of 2024.
Herewith profits levels on the JSE Top 40 based on yearly pivots.
Should we hit 96200 this year ill close down this position entirely, after take profit 1 should it be taken, trail stops will be implemented
SA40 EXPECT A 4000 POINTS REVERSALThe SA40 Index has rallied by almost 8% since the low of 13th Jan without a meaningful pause. I anticipate that we have reached a peak between 78900-79500 in which I am placing a SELL for at least 4000 points to support of 75k
TShort

The JSE Top40 Paints a Grim Few Weeks AheadThe JSE Top40 powered above 2 key resistance lines but it quickly reversed course, we call this a false breakout (FBO), such failures usually move violently to the lower side. On the weekly perspective, the share is in week 31 so we are likely going lower than the lower pink support.
After the pink
JShort

BUY SA40SA40 has retraced by 4% from December high, we expect that it finds support between 7600-75000. We go long at 75700 with TP 78000-81500 over the next weeks. Stop Loss just below 74600
JLong

SA40 Bullish Outlook Good morning,
The J200 looks bullish on the H1 chart, but it is within a consolidation area, so some caution regarding momentum behaviour is needed.
The price has two significant resistance levels: 77302 and one within a resistance zone at 78148.95.
There is also an ABC pattern that does not alig
JLong

LONG SA40SA40 has potentially found support as it has entered oversold territory and formed Higher Low point in a bullish channel. Buying at current 75600 will potentially yield 5000 points to 80000 and new all time high
JLong

Bearish moveJSE experienced resistance on the 77,000 barriers and stabilised under this mark. The index may find support on nearby barriers.
TShort

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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
ZA TOP 40 reached its highest quote on May 2, 2025 — 86,000 ZAR. See more data on the ZA TOP 40 chart.
The lowest ever quote of ZA TOP 40 is 33,361 ZAR. It was reached on Apr 18, 2013. See more data on the ZA TOP 40 chart.
ZA TOP 40 is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy ZA TOP 40 futures or funds or invest in its components.