This script idea is rather old but very enlightening about the current state of the market.
It looks at the RSI or MFI values of all Mag 7 stocks, averages them out and compares it to qqq's rsi or mfi as a differential.
Real shame tradingview doesn't allow free users to participate in publishing indicators and it's a real shame the war their employees support is being lost.
Make whatever conclusions you will from this.
Good luck, we're all living in a global idiocratic world now ruled by people infected with Affluenza.
It looks at the RSI or MFI values of all Mag 7 stocks, averages them out and compares it to qqq's rsi or mfi as a differential.
Real shame tradingview doesn't allow free users to participate in publishing indicators and it's a real shame the war their employees support is being lost.
Make whatever conclusions you will from this.
Good luck, we're all living in a global idiocratic world now ruled by people infected with Affluenza.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.