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RUT/NDX ratio tells you to keep investing in tech!
US Small Cap 2000 Index
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RUT/NDX ratio tells you to keep investing in tech!
由TheCryptagon提供
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2023年10月7日
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2023年10月7日
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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