XJO 0.71% 7,783.0 s&p/asx 200

Weekly chart for FX AUD/JPY, major indicator for risk aversion,...

  1. 222 Posts.
    Weekly chart for FX AUD/JPY, major indicator for risk aversion, has a big fat doji, things appear to be technically oversold and the vix came down over 9% yesterday. Reporting season is basically over, so there will be less bad news hitting the markets. Good chance for a breather and Christmas rally, although fundamentally not warranted imo. I started to buy and build positions yesterday .... ouch, only bought 50 Apple shares at $163, were supposed to be 500. Will be out by the second week of January unless I feel the need to bail sooner.
 
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