FINANCIAL ICEBERG
Always consider hidden risks
MARKET BREATH DEPTH HEALTH
High Beta / Low Beta ETFs : Still Risk On ?
August 25 ( From TradingView )
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High Beta / Low Beta ETFs
This is a new kind of technical indicator with ETFs measuring directly the Risk On and Risk Off kind of attitude vis-a-vis the market...
That ratio tells us the market is still full risk On and reached a new high ever on August 22 as shown by the chart below.
High Beta / Low Beta ETFs
Bull Bear Indicator
( 0 Oversold / 10 Overbought )
10
Risk On Risk Off ETFs : Still Full Risk On ? $SPY, $SPX, $ES_F