Bulls certainly don't want this key area to break. While QQQ has risen of late the rest of the markets have not. Particularly value stocks have been underperforming vs growth.
Unless we see that trend reverse we are left with two basic options. Value will start to outperform to the upside or Growth will start to correct to the downside faster.
What does that mean for TMUS? Either TMUS will bounce here and the overall value stocks start outperform growth.
OR!
Growth will start to correct harder relative to value and TMUS continues to break lower.
Unless we see that trend reverse we are left with two basic options. Value will start to outperform to the upside or Growth will start to correct to the downside faster.
What does that mean for TMUS? Either TMUS will bounce here and the overall value stocks start outperform growth.
OR!
Growth will start to correct harder relative to value and TMUS continues to break lower.
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