fatbeetrader

AUDUSD - Vs - SP500 - Serious Divergence

FX:AUDUSD   Australian Dollar / U.S. Dollar
980 0 0
See the blogs post here Are we overdue for a correction? http://www.fatbeetrader.com/10/post/2014/01/are-we-overdue-for-a-correction.html

The massive divergence between these two instruments signals a correction is on the way, i dont know which will move but I'm going to hazard a guess and say the sp500             will correct as opposed to the aussie dollar.

This is a long term play guys, so start thinking about quality long term stock you would like to add to your portfolio if we see the stock market correct lower, ie amazon, apple             , google             etc
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