This ETF is an old favourite of mine when the US market looks overpriced.
I watched an interesting SPX momentum model documentary on previous crashes on real vision a few days ago. The relationship was quite compelling. The current 10 year market ticks all the boxes for a major correction. The last box to tick is once the SPX drops below 2631 in August 2019 + 20 points for every month after that. The model says: cross this line then we see up to 60% correction. Not all that far away when you look at it.
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