The dominance of mega caps coming to an end soon ?
The ratio of XLG (S&P Top 50 largest stocks) to SPY (S&P500) is approaching historic all time high (since 2005) and resistance area.
We would expect a reversal of trend with mid and small caps outperforming the largest caps, the big 7 among others.
We would expect a reversal of trend with mid and small caps outperforming the largest caps, the big 7 among others.
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.