When SPDR Healthcare's relative strength (vs. S&P 500) and its 50MA are both above its 200MA, it signals S&P 500 is about to hit the top and drop.
When SPDR Healthcare's relative strength (vs. S&P 500) drops below its 50MA, it signals S&P 500 has bottomed out and will trend higher.
When SPDR Healthcare's relative strength (vs. S&P 500) drops below its 50MA, it signals S&P 500 has bottomed out and will trend higher.
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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.