Direction Signals are Mixed; But This Signal is Strong
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Lede There are profits to be had. Preface The equal weighted S&P 500 has turned decidedly down in the last week as the glow from a “not that bad” earnings season together with the hope that the Fed will “chill out” has become dimmer. This can be seen well in the chart for RSP (equal weighted S&P 500 ETF):
Direction Signals are Mixed; But This Signal is Strong
Direction Signals are Mixed; But This Signal…
Direction Signals are Mixed; But This Signal is Strong
Lede There are profits to be had. Preface The equal weighted S&P 500 has turned decidedly down in the last week as the glow from a “not that bad” earnings season together with the hope that the Fed will “chill out” has become dimmer. This can be seen well in the chart for RSP (equal weighted S&P 500 ETF):