What do you think about this? I was looking at the XIJ vs XAO. I noticed that before the 3 biggest crashes/consolidations periods in the market over the last 2 decades (08 crash, big consolidation in 09, and consolidation after Corona) the XIJ diverged from the XAO and printed a lower high while the XAO continued higher. XIJ printed a lower high and low last week, with a 12% drop. (it also led APX, a warning sign for holders there).
Time to be cautious while these diverge? There has been a plethora of false breakouts for the past two weeks
