XJO 0.76% 8,084.5 s&p/asx 200

PBAgree with your statement that said divergence could be due to...

  1. 49 Posts.
    PB

    Agree with your statement that said divergence could be due to forex amongst a multitude over other variables no doubt.

    To elaborate further, those that have been observing the carry trade phenomenon, the chart tells me that early to mid-Nov 09 marked the gradual unwind of the carry trade - about the time the XFJ started retreating from it mid-late Oct highs.

    Forever learning and in my humble opinion only.
 
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