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the Russell relative performance to ES is almost certainly linked with the pull back in BTC
So if Russell begins to outperform ES, BTC is likely to follow. You can switch the inputs in the script I noted below to map this.
6 tuntia sitten
ok so notice the red regime we are in
This is when BTC returns are negative AND underperforming ES
If this flips green into the close, then the probability of a retracement higher becomes a higher probability.
The script is linked below with the BTC playbook (all free)
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