Small caps looks a bit tired, just hit trend resistance from 2001, and has been on down trend since.
Monthly RSI is also showing that we have turned down, which means increased likelihood that we are revisiting 100WMA (golden MA) or lower soon.
Monthly RSI might hold at this level and reach to upper trendline again, but R:R ratio is a bit... meh.
HOWEVER, relative to SPY small caps still present good value.
Monthly RSI is also showing that we have turned down, which means increased likelihood that we are revisiting 100WMA (golden MA) or lower soon.
Monthly RSI might hold at this level and reach to upper trendline again, but R:R ratio is a bit... meh.
HOWEVER, relative to SPY small caps still present good value.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.