The Market Strength Index of S&P and NASDAQ Indexes - December 28th update
The long-term view of the S&P and NASDAQ Indexes’ Market Strength Index
A close-up view of the S&P and NASDAQ Indexes’ Market Strength Index
From the above charts and the table, we can see that the MSI of all Indexes is up, despite the drop of the SPY. This is a bullish sign.
The Indexes with the highest MSI are: The S&P500, the S&P400, and the S&P100