Oversold AUD/JPY equates to buy signal for S&P 500

Another study to watch when looking for a notable low in the equity market.

When the AUD/JPY touches oversold on a weekly basis, ’tis tends to be an attractive accumulation moment in the S&P 500.

Perhaps we are approaching the 6th occurrence to be seen over the past 30 years.

December 20, 2022

by Rob Zdravevski


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: