Dec-2021 high of NDQ/DJI coincides with that tech bubble top of 2000! Can we expect another 10% correction to the ratio in the coming months towards the regression base line?
A technical indicator could give a buy signal for a security with one set of values, and at the same time, could give a sell signal for the same security with a different set of values! How do you trust the indicators then?! Moreover, if a set of values works this time, the same set of values may not work the next time! Technical analysis uses historical...