I note that RTY made a false breakout in Nov/21 after trading in a range for 9 months.
Maybe inflation was starting to come onto the radar then that might account for the reversal, but it also seems that we might be wise not to ignore deteriorating economic fundamentals right now. Once bitten, twice shy.
I note that RTY made a false breakout in Nov/21 after trading in a range for 9 months.
Maybe inflation was starting to come onto the radar then that might account for the reversal, but it also seems that we might be wise not to ignore deteriorating economic fundamentals right now. Once bitten, twice shy.