SPX vs Nasdaq | Inverse head-shoulder bottom Lång

SPX/NDXSP

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⋅ 25 nov 2020 02:11

Daily (L): +6.5% initial upside on inverse head-shoulder breakout. RSI constructive.

Weekly (R) - Unfortunately the ratio still in a downtrend (just pulling back from extremely lows). RSI range need to move back to the bullish channel (red) for the ratio's long-term downtrend to reverse; tough-shot unfortunately.

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