SPXEW wicking hard at the 2008-9 crash zone. exposure to mag 7 is significant risk. If you're bullish US equities, consider equal weight or small caps. The rotation is happening. Also tagging monthly oversold.Based on this TF, I might expect value to outperform over the next few years. This falls in line with our bullish asia international thesis as that sector tends to be centered around value, not necessarily tech.
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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.