Getting ready for the ‘safer’ buying lows
August 6, 2022 Leave a comment
If you are in the business of accumulating equities over a longer period of time, for the longer term…….
then the vertical lines show the significance when the Japanese 10 year government bond yield (JGB) is (on a weekly chart) simultaneously OVERSOLD and trading 2.5 standard deviations BELOW its rolling weekly mean……
because the S&P 500 also then registers a notable LOW.
There have been 9 such moments over the past 15 years when probability was on your side to initiate, nibble or add to your holdings.
This is the antithesis note to the immediate previous post.
Today, the JGB’s are trading below 2.5 standard deviations but they are NOT simultaneously oversold.
I am getting ready for the monumental accumulating opportunity over the coming 12 months.
August 6, 2022
by Rob Zdravevski
rob@karriasset.com.au
