Invesco S&P 500 Equal Weight Technology ETF

  • RSPT

  • $38.95

  • -0.30%

  • $38.85

  • $39.04

  • $38.82

Ticker Appearances

Daily Technical Strategy
Wed, December 4, 2024 | 7:16PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

“Bad News” is “Good news” again

EQUITY TRENDS FROM AUGUST REMAIN BULLISH, AND SPX HAS NEARED THE UPPER EDGE OF ITS FOUR-MONTH CHANNEL RESISTANCE WHILE THE NASDAQ 100 INDEX HAS JUST...

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Visitor: 8be33c-e2f11e-286e7e-a22c24-81196a

Wed, November 27, 2024 | 1:27PM ET

⚡ FlashInsights

Wed, November 27, 2024 | 1:27PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
🔥 🔥 🔥
The Technology weakness doesn't immediately suggest any kind of larger breakdown, but it is important to note that the last two breakout attempts in RYT the Equal-weighted Technology ETF, both failed. Key will be 37 on the downside and until/unless that's broken, it's still right to consider Tech attractive on minor weakness.
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