Yesterday I shared the chart below (see post here) suggesting that investors should be prepared for an upside breakout

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Below is a chart comparing the Cap weighted 500 ETF/SPY to the Equal weighted 500 ETF/RSP

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Game Plan….A breakout looks to be taking place, with a better looking pattern in RSP.  Would be an owner of RSP due to the breakout!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past