RSP performing better than $SPX, good news for breadth
The
SPY
is underperforming
RSP
(equal weight
SPX
).
This means that underperformers could very well pick up the slack & outperform the Big 7 going forward. They have been performing well.
The Volatility Index
VIX
is down on the day BUT up from open.
Will the moving avg's push it lower or do we get some sort of support here? This is a MAJOR SUPPORT level!
VIX
rarely gets close to oversold, let alone oversold.
SPXS
SPXL
#stocks
SPY
is underperforming
RSP
(equal weight
SPX
). This means that underperformers could very well pick up the slack & outperform the Big 7 going forward. They have been performing well.
The Volatility Index
VIX
is down on the day BUT up from open. Will the moving avg's push it lower or do we get some sort of support here? This is a MAJOR SUPPORT level!
VIX
rarely gets close to oversold, let alone oversold.
SPXS
SPXL
#stocks