By looking at an equally weighted index of the SP500
, something becomes a little more obvious. Could there be a divergence among the top say,--30 companies? If so, what would a divergence mean when you see other divergences such as the European/ Asia-pacific divergence that netted us healthy profits across 6 different inicies and economies?
Keep in mind 3,046 is the trendline
for the SP500 (SPX)
. Keeping an eye on this index will allow us to monitor any continuation in divergences or convergences.
01:55:37 ( UTC
Wed May 27, 2020