Australian shares are experiencing the worst weekly performance in over 8 months. The ASX200 has fallen below its 50-day moving average (a bearish technical signal).
The current risk-off trade is either a short-term correction to alleviate overbought conditions or the start of a major change in trend. So is this a buying opportunity or the last chance to get out before the herd stampedes?
buying opportunity or change of trend?
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