QQQ/SPY Ratio; another long-term indicator trend in troubleNotes From the Rabbit Hole
By A Mystery Man Writer
The ratio of big Tech (QQQ) to the broader market (SPY) is in danger of making a secular top The log scale monthly chart (displaying percentage changes) shows a channel breakdown of a leader that held sway since 2006 as big Tech (QQQ) vs. SPY drops from the channel to test lateral support. If that…
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What's happening? SPY sees largest daily inflow in history, while QQQ faces $5.2bn exodus
