Identifying moments to Buy, not Sell

Other markets are now venturing towards their lower ‘extreme’.

Switzerland’s SMI equities index is doing that now.

Today’s trading at 10,448 renders it (on a weekly basis) Oversold, touching its 200 week moving average and trading at 2.5 standard deviations below its rolling weekly mean.

Making it more attractive is that the Swissie is trading at the lower end of of its multi-year range.

I’m posturing towards being a buyer, rather than a seller.

Last August and December of 2021 was when you the contemplation of selling should’ve taken place.

June 16, 2022

by Rob Zdravevski

rob@karriasset.com.au