Invesco S&P 500 Equal Weight ETFInvesco S&P 500 Equal Weight ETFInvesco S&P 500 Equal Weight ETF

Invesco S&P 500 Equal Weight ETF

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Invesco S&P 500 Equal Weight ETF forum

SPY QQQ reaching for 500, watch the VIX and RSP

SPY No new ATH in equal weight RSP
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SPY I think its the rest of the SP500. the equal weight is holding it up look at RSP

RSP multiple resistances
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RSP Overall I think we are in a bullish scenario.
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RSP . The last high peak does not beyond the previous high peak. So the bear market continues. But now this ETF reachs a strong resistant zone. Maybe the ETF will go up.
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RSP in blue Equal weight of the SPY in orange. I put a vertical line every time the SPY showed divergence. But divergence is a condition not a buy or sell signal. It can last for weeks or months.
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SPY

3/5/2023 Market Diary

1. Banking groups KRE (-6.3%) and KBE (-5.2%) hit a new 52-week low, rejecting its declining 10 & 20-MA & breaking down from a bearish flag that had been highlighted for over five weeks.

2. RSP -1.5%, with intraday action undercutting all four major moving averages in a single attempt. Hallmark of a weakness.

3. Largest number of new lows printed from all three exchanges since March 13th (541).

4. Bitcoin related names exhibiting relative strength.