The relative strength (ratio) chart of Nifty to S&P 500 (NIFTY/SPX) has hit its long-term resistance once again and has been consolidating in that area for some time now. Breakdown from this consolidation can take the Nifty/SPX back down to previous horizontal support.
Note: This is for educational purpose only as the ratio itself is not tradeable and to place actual trades in this ratio is not advisable for retail investor.
Note: This is for educational purpose only as the ratio itself is not tradeable and to place actual trades in this ratio is not advisable for retail investor.
