Given the uncertainty of bond market, IMO mining stocks might be one of "safe heavens" if stock market is in trouble.
The ration was not able to capture May high (so it made a lower high in October). It is now turning down again. Note the decisive downward pointing 40 week MA.
The ration was not able to capture May high (so it made a lower high in October). It is now turning down again. Note the decisive downward pointing 40 week MA.
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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.