Taiwan’s TAEIX – enough for now
June 18, 2025 Leave a comment
In the April 4, 2025 edition of my weekly Macro Extremes publication, Taiwan’s TAEIX equity index registered a quinella of oversold readings (a week prior to the broader April 7-9 lows) while also reverting down to a longer-term mean.
The TAIEX has risen 23% since then (over the past 10 weeks)…..
Momentarily, at today’s price (22,211), I think we’ve seen the ‘fat part’ of the trade as this advance looks like losing stream.
June 18, 2025
rob@karriasset.com.au
