The ratio is near the double resistance, and looks like is working on a breakout. We will know more in the next couple of weeks. So far RSI broke out, MACD is positive, 40 week MA is turning upward.
If this ratio breaks out, we will reduce even more bond holdings (and may start to short bonds), and move into equalities (not necessarily US stocks).
If this ratio breaks out, we will reduce even more bond holdings (and may start to short bonds), and move into equalities (not necessarily US stocks).
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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.