IWM vs NDX Hitting Resistance
IWM small caps (Risk On) have outperformed the market leader recently. It is now pulling back after hitting long-term resistance.
Besides the fact that IWM PE is 7456367892903847647383 money flows suggest that people are losing their appetite for risk!
Caution is in order.
Besides the fact that IWM PE is 7456367892903847647383 money flows suggest that people are losing their appetite for risk!
Caution is in order.
Note
As expected IWM is underperforming NDX after hitting 4 year resistance area. VALUE is in vogue!Note
IWM continues to tank relative to NDX as expected.
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Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.