Quant Partner's Daily Insights

Quant Partner's Daily Insights

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Quant Partner's Daily Insights
Quant Partner's Daily Insights
S&P 500 2024 Versus 2023

S&P 500 2024 Versus 2023

Geoff Garbacz's avatar
Geoff Garbacz
Jul 09, 2024
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Quant Partner's Daily Insights
Quant Partner's Daily Insights
S&P 500 2024 Versus 2023
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This is an interesting year to say the least. Below is a chart of the S&P 500 via SPY. There has been only one oversold period this year when tracking the 6-Day RSI, our favorite overbought/oversold indicator. Now let’s compare to 2023. See below.

2023 was a much more normal year. There were six periods where the 6-Day RSI got oversold.

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