FINANCIAL ICEBERG
Always consider hidden risks
MARKET BREATH DEPTH HEALTH
Ratio: Russell 2000 over SP500: In a Grinding Mode ?
August 25 ( From TradingView )
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Russell 2000 and SP500 Ratio
The Russell 2000 compare to the Mighty SP500 ( on a ratio basis ) is a gauge of liquidity/over confidence in the market...
That why it becomes indeed a must to follow as a liquidity indicator...
It started to make a bottom but is reversal mode since July 30 and moving very slowloy.
Russell 2000 and SP500
Bull Bear Indicator
( 0 Oversold / 10 Overbought )
1
Russell 2000 and SP500 Ratio: Still Weakening ? $SPY, $SPX, $ES_F, $IWM, $RUT