Here you can see the influence of the mega caps weighting on the
SPX vs the equal weighted SPX. This is also apparent with the
NDX/QQQ exhibiting relative strength of late.
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SPX vs SPXEW
Posted by steve on 13th of Apr 2024 at 01:20 pm
$SPX - Chart Link
$SPXEW - Chart Link
Here you can see the influence of the mega caps weighting on the SPX vs the equal weighted SPX. This is also apparent with the NDX/QQQ exhibiting relative strength of late.