A most improbable but possible downside resolution
From 2008 until now, the XBI (child of the market) and SPX (mature adult of the market) indices have aligned upon every major/minor crash bottom. Typically the child leads the way in markets. With the (45%) disconnect at this moment in time, it is most improbable for most to consider that they would align anytime soon. But, is it possible??? I guess we shall see.
Note
The chart did not appear as I wanted, but if you align the bottom noise floor of the two indices, you will see what I mean.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.