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S&P500
Just to give a little perspective on how this market might move in the next weeks, I am posting below the comparison of the MF activity between the 250 largest S&P500 stocks (in Black) and the 250 smallest (in Blue.)
We can see that more money goes to the largest caps.
The second point is that once we reach the overbought level, there could still easily be one month before the next short signal. Also, it will be interesting to see how the blue group performs.
Pascal
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