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

rob@karriasset.com.au

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