Welcome to the Pullback
Hey, it’s Ross Givens here with the Chart of the Day. Check out the RSP – the Equal Weight S&P 500 Index – a key chart I’ve been keeping my eye on. While the broader S&P 500 has been on a downward trajectory since March, the RSP is telling a different story. In fact, it’s been trading sideways for the past four days. What does this divergence mean for the current market pullback? Dive into the Insight of the Day to find out.
April 22, 2024
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