That means we naturally focus on the strongest areas of the market. But thereās also valuable informationāand opportunityāin watching the weakest.
When even the worst-performing groups canāt hold their breakdowns, it tells us market conditions might not be so bad after all.
Take the NexGen Economy ETF ($BLCN), for example.
Itās off to a rough start this year, down 22% YTD.
But hereās the kicker: it failed to hold its latest breakdown.
So what does it say when even the weakest thematic ETFs canāt break down?
