📝The index of small companies is known for being highly dependent on bank financing. Therefore, of course, he is the main beneficiary of cheaper money after the rate cut.
👀What we see about correlations,
BTC bull markets, coincide with the movement of this index as you can see, in the green zone on the Spearman indicator,
💡We can also see that Russell 2000 is far from its ATH, which is also a bullish sign, because small companies in the stock market grow quite predictably with GDP growth and increased liquidity, and in the current state is far from overheated.
👀What we see about correlations,
BTC bull markets, coincide with the movement of this index as you can see, in the green zone on the Spearman indicator,💡We can also see that Russell 2000 is far from its ATH, which is also a bullish sign, because small companies in the stock market grow quite predictably with GDP growth and increased liquidity, and in the current state is far from overheated.
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🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.