!RSP (Equally Weighted) SP500 Bearish Bias Remains
Updated
By looking at an equally weighted index of the SP500, something becomes a little more obvious. Could there be a divergence among the top say,--30 companies? If so, what would a divergence mean when you see other divergences such as the European/ Asia-pacific divergence that netted us healthy profits across 6 different inicies and economies?
Keep in mind 3,046 is the trendline for the SP500 (SPX). Keeping an eye on this index will allow us to monitor any continuation in divergences or convergences.
01:55:37 (UTC)
Wed May 27, 2020
Keep in mind 3,046 is the trendline for the SP500 (SPX). Keeping an eye on this index will allow us to monitor any continuation in divergences or convergences.
01:55:37 (UTC)
Wed May 27, 2020
Note
This is not financial advice.
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