During the Presidential Cycle is possible to verify that both indexes make peaks and troughs by the same time with similar moves.
By early 2016, the indexes followed the same movement by roughly three months, after that SP500 and Russell2000 made a new high just before the elections.
The prices continues to rise until the pandemic.
By early March 2020, SPX crosses above RTU and it was above until a little before Biden election, thereafter RUT crossed again making a new high two months later SP500 also made a new high.
By early January 2024, SPX crossed definitely RUT with SPX already making a new high.
So following the history after the elections is time to RUT to cross above the SPX line as well as to reach another higher high(??)
By early 2016, the indexes followed the same movement by roughly three months, after that SP500 and Russell2000 made a new high just before the elections.
The prices continues to rise until the pandemic.
By early March 2020, SPX crosses above RTU and it was above until a little before Biden election, thereafter RUT crossed again making a new high two months later SP500 also made a new high.
By early January 2024, SPX crossed definitely RUT with SPX already making a new high.
So following the history after the elections is time to RUT to cross above the SPX line as well as to reach another higher high(??)
Follow the social network, free telegram link: t.me/afcapital21
Instagram: afcapital
Instagram: afcapital
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.
Follow the social network, free telegram link: t.me/afcapital21
Instagram: afcapital
Instagram: afcapital
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.