Food for Thought SPXEW (S&P equal weight) vs SPX (S&P500) This is the SPXEW (S&P 500 equal weight) vs the SPX (S&P500). Just some food for thought. Not bullish or bearish but people have pointed this out to me.
$SPX EQUAL WEIGHT OUTPERFORM INDEX:SPXEW wicking hard at the 2008-9 crash zone. exposure to mag 7 is significant risk. If you're bullish US equities, consider equal weight or small caps. The rotation is happening. Also tagging monthly oversold.
Based on this TF, I might expect value to outperform over the next few years. Thi
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Displays a symbol's price movements over previous years to identify recurring trends.