Another Potential Breakout?
Hey, it’s Ross Givens here with the Chart of the Day. RSP, the Equal Weight S&P 500 Index, has recently hit a new all-time high, signaling potential for a breakout. This suggests a positive market health indicator, emphasizing that the surge isn’t solely driven by mega-cap stocks. In tandem with the potential breakout in the small-cap Russell 2000 index, the market appears poised for positive developments. Join me in today’s Insight of the Day as we delve deeper into these optimistic signs and explore potential opportunities in the market.