RSP is equal weighted S&P vs Obviously SPY
The ratio between these two indicates where money is flowing into or selling out of.
There has been a market shift since Nov 2020 that is now approaching long term resistance.
High flyers like FANGS IPO ARKK SPAC etc... Are getting murdered while boring stocks holding up well.
Winners are usually the last to go and losers first to bounce. This has not been the case thus far.
Weak sectors such as Airlines were last to pop leading me to believe market could be term topping.
There are many such indicators I look at that suggest a possible top besides this one.
If I am correct everything will fall and bottom when the schitt sectors like airlines pop 1st followed by
Winners such as FANGS.
The ratio between these two indicates where money is flowing into or selling out of.
There has been a market shift since Nov 2020 that is now approaching long term resistance.
High flyers like FANGS IPO ARKK SPAC etc... Are getting murdered while boring stocks holding up well.
Winners are usually the last to go and losers first to bounce. This has not been the case thus far.
Weak sectors such as Airlines were last to pop leading me to believe market could be term topping.
There are many such indicators I look at that suggest a possible top besides this one.
If I am correct everything will fall and bottom when the schitt sectors like airlines pop 1st followed by
Winners such as FANGS.
Ghi chú
RSP equal-weighted is trying to breakout vs weighted SPY. though it is up against resistance. More data is needed.Ghi chú
the broader market is fInding resistance as expected.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.