NIFTY/S&P 500 at long-term resistance

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.


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