Broad index's will always mean-revert. If we look at the 750 MA or 1250 MA, prices have been blowing up thanks to the US policies and big companies' growth. Prices seem to not be able to break above their all-time high, yet, everyone seems to be buying at any pullback opportunity.
This ETF will be going down by at least 5-10%. Once it has, it will become a very attractive buy; the US economy is good and the companies are flooded with cash; people want to get in on that... at the right price.
This ETF will be going down by at least 5-10%. Once it has, it will become a very attractive buy; the US economy is good and the companies are flooded with cash; people want to get in on that... at the right price.