Major market bottoms equal weight utilities / equal weight S&P

Major market bottoms in 2009 and 2020 have bottomed at the following trend line for equal weight utilities against the equal weight s&p. If we continue to move down this will be one to watch for a major bottom for the equal weight S&P
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.
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.