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2026-09-23

S&P 500 Back to Overbought on Price, Yet 43% of Members Are Oversold and Just 11% Overbought

S&P 500 Back to Overbought on Price, Yet 43% of Members Are Oversold and Just 11% Overbought

Key points

S&P 500 50-day MA spread and overbought/oversold members | Index price overbought while 43% of members are oversold vs only 11% overbought

Image source: @bespokeinvest