While the pattern is a bear flag, SPX Value that has been outperforming SPX since Sept 2020 it seems SVX VALYE is ready to break to the upside which would indicate a possible long term reversal. Still too early to tell but its worth tracking.
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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.