*[High Importance]
Wednesday 23 October, 14h35
RSP/SPY | S&P 500 Equally-Weighted relative to S&P 500 Cap Weighted. For now, reflected at the previous breakdown level. Why is this relevant? The chart highlights the weakness in the broader market, with a bias back toward the largest capitalization stocks. Should the ration reverse higher, it would highlight the broadening toward other sectors/stocks and away from the large cap equities which have been in favour over several years.
Lester Davids
Analyst: Unum Capital
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