Something a little different today.
Was looking a some stock ratios and decided to regress the standard Russell 2000 against the risky technology index, the Nasdaq.
This RUT/NDX ratio has been inside a Channel Down since the Dotcom Bubble send it sky high, collapsing the tech sector.
The Channel Down has never been broken since and made a new Low this...
In this update we review the recent price action in the Russell200 futures contract and identify the next high probability trading opportunities and price objectives to target