Tech Stocks Appear To Be Following Year 2000 Waterfall Selling Pattern

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Lengthy-Time period NASDAQ-S&P 500 Ratio.

Weak point within the expertise sector continues to rattle the markets as progress shares get hit.

Right this moment, we check out the relative energy (or lack thereof) of the by taking a look at its ratio to the .

As most of you might be conscious, we’ve shared this chart earlier than, giving warning to the bulls, early this month.

Up to now, what we’ve shared previously, continues to play out in comparable trend to the 2000 sample. Whether or not it’s a repeat or a fractal (rhyme) doesn’t matter.

A sample is a sample, and this has been calling for warning since help broke. And promoting in tech shares seems to be selecting up. Is a “waterfall” in tech inventory enjoying out? Keep tuned!

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