This ratio is potentially at a major support level where a rebound from the lows should be expected. If a breakdown occurs then it would be a long term breakdown (unlikely for now).
Note
Took 9 months for a rebound but it worked. I was not involved.Note
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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.