Here is a ratio chart of the Russell 2000 Index etf called 
IWM and the Nasdaq Composite Index etf called $QQQ.
The
QQQ returns over the past 7+ years have been extraordinary while the IWM has been stagnant at best and hasn't beaten inflation.
That ratio of performance has just turned in a way that suggests theIWM will outperform the QQQ for the next 11 weeks to the tune of 10%.
The ratio has already moved up last week by 4% of the 10%, so there is only another 6% to go for this signal. If there are any pullbacks of 1%-2%, those would be lower risk entries as the distance to the "stop" level at 0.45 vs 0.4704 last would be less. The target is 0.51 vs 0.4704 last.
So follow this ratio for the next 10 weeks and see if even more relative outperformance happens.
Over the next few years, it is possible forIWM to do 50% better than $QQQ.
We would need lower oil prices and lower interest rates and some rational pricing in the big tech names that are over $10 trillion dollars now for 3 companies:
NVDA, 
MSFT and $AAPL.
IWM and the Nasdaq Composite Index etf called $QQQ.The
QQQ returns over the past 7+ years have been extraordinary while the IWM has been stagnant at best and hasn't beaten inflation.That ratio of performance has just turned in a way that suggests the
IWM will outperform the QQQ for the next 11 weeks to the tune of 10%.The ratio has already moved up last week by 4% of the 10%, so there is only another 6% to go for this signal. If there are any pullbacks of 1%-2%, those would be lower risk entries as the distance to the "stop" level at 0.45 vs 0.4704 last would be less. The target is 0.51 vs 0.4704 last.
So follow this ratio for the next 10 weeks and see if even more relative outperformance happens.
Over the next few years, it is possible for
IWM to do 50% better than $QQQ. We would need lower oil prices and lower interest rates and some rational pricing in the big tech names that are over $10 trillion dollars now for 3 companies:
NVDA, MSFT and $AAPL.Nota
IWM still holding here and looking solid for the uptrend vs $QQQ.Tim
Thu, November 21, 2024 4:54PM EST
Nota
I mentioned that 1%-2% pullbacks provided lower-risk entry levels and we did have that pullback. If you add in slowly over time you have a better entry. Tim
Thu, November 21, 2024 4:56PM EST
Trade attivo
The $IWM/QQQ ratio dropped back down and will likely set up a new buy signal soon.Stay tuned!
Tim
1/28/2025 11:56AM EST
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.