MacroVoices #373 Ole Hansen: Commodities Update
Macro Voices
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The S&P 500 Support Resistance Levels
S&P 500 has been generally demonstrating strength, it really has come on the back of just a few mega cap stocks that have been doing incredibly well. Once you look at all of the S&P 500 stocks equally weighted, the rally over the last month was incredibly weak. The S&P500 equal weight index hasn't even made back 50% of the losses that incurred through the February and March drop.
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