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S&P 500 Sector Trading Range Charts + Breadth Levels
FYI: The S&P 500 closed the week down nearly 6% for its worst 5-day start to a year in history going back to 1928. Below is our trading range chart of the S&P 500. The bottom of the green zone represents two standard deviations below the 50-day moving average. Right now, the S&P is more than 3.5 standard deviations below its 50-day. Regards, Ted https://www.bespokepremium.com/think-big-blog/sp-500-sector-trading-range-charts-breadth-levels/
