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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: skinowski3/21/2024 8:57:37 AM
1 Recommendation

Recommended By
kckip

   of 41470
 
High beta vs low vol - on a weekly chart.

Is it a “bullish” C&H? Or, is the ratio losing momentum? Maybe, it rallied out of the 2020 low, then pulled back sharply into its 2022 low - and is now completing a wave C? The latter scenario would suggest that high beta may not be the best place to be.

The answer - imo, watch what the relative strength chart will do next.

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