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How Does the S&P Do Bottoming Out Bearish to Bullish?
The RSP, it's in Vesco E-Tef, which is the equal weight S&P versus the SPY. When you have aggregates that are so dominated by just a handful of names as we know the XLY,. Home Depot and Amazon are 40% or Tesla 30%. That's what that chart is. And this is the incredible thing about it. This aggregate almost kind of all the way back to its COVID low. Yeah. But basing in bottoming.
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