Nothing but new highs in Tech vs Financials... Not likely to see a reversal in the trend of growth over value if this ratio keeps trending higher. 
XLK > 
XLF
Click the related idea link to see our long term chart of Broker-Dealers & Exchanges. This important and leading subsector is now trapped beneath significant overhead supply So are Banks, both of which are dragging onXLF itself. Meanwhile, Tech and many of its subsector groups are getting awfully close to retesting their all-time highs.
Basically, we're seeing no evidence of this trend reversing, we're seeing just the opposite.
XLK > XLFClick the related idea link to see our long term chart of Broker-Dealers & Exchanges. This important and leading subsector is now trapped beneath significant overhead supply So are Banks, both of which are dragging on
XLF itself. Meanwhile, Tech and many of its subsector groups are getting awfully close to retesting their all-time highs.Basically, we're seeing no evidence of this trend reversing, we're seeing just the opposite.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.