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TheCryptagon
Oct 7, 2023 6:41 PM

RUT/NDX ratio tells you to keep investing in tech! Short

RUT/NDXTVC

Description

Something a little different today.

Was looking a some stock ratios and decided to regress the standard Russell 2000 against the risky technology index, the Nasdaq.

This RUT/NDX ratio has been inside a Channel Down since the Dotcom Bubble send it sky high, collapsing the tech sector.

The Channel Down has never been broken since and made a new Low this month.

What does this tell you? Keep investing in tech!

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Comments
vychod
RSI/MACD and sentiment ! Your hopes does not move market down !
Setupsfx_
Amazing
SaeedHefa
nonononoooo
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