China Nears 25-Yr Relative Support vs. SPX as R2K Ascends to 30-Yr Channel Resistance

China Nears 25-Yr Relative Support vs. SPX as R2K Ascends to 30-Yr Channel Resistance

Below the ratio of the SSEC vs. SPX is nearing a 25-yr support line. That line sits at ~1.00 vs. the ratio’s current print of ~1.05.  So, a few % lower. Knowing China, there will probably be some theatrics involved…...

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