IWM vs NDX Hitting Resistance

٢٤ مارس ٢٠٢١

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.

٨ أبريل ٢٠٢١

ملاحظة

As expected IWM is underperforming NDX after hitting 4 year resistance area. VALUE is in vogue!

١٦ أبريل ٢٠٢١

ملاحظة

IWM continues to tank relative to NDX as expected.