Mean reversion is quite the thing, and these have moved a very long way.
The stability of these downtrends broke in 2018, alongside the stability in the SPX uptrend. We've had a big blow off drop and these types of things make people forget obvious warning signs - but this has been flashing up warning signs for a while and they may soon become actionable.
To the moon.
The stability of these downtrends broke in 2018, alongside the stability in the SPX uptrend. We've had a big blow off drop and these types of things make people forget obvious warning signs - but this has been flashing up warning signs for a while and they may soon become actionable.
To the moon.