Tom McClellan(@McClellanOsc):NYSE 52-week New Lows hit a new high on Sep. 28. This is a bottoming sign for the market, which is peculiar to think about with the SP500 Index this close to new highs. But equal weight SP500 ETF RSP has fallen 5.6%, a nice amount for an ordinary market correction.

Tom McClellan

@McClellanOsc

Technical Analyst - Editor of The McClellan Market Report. Trying to figure out stock market physics, and to leave my campsite cleaner than how I found it.

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Tom McClellan@McClellanOsc

2026.09.29 15:49

NYSE 52-week New Lows hit a new high on Sep. 28. This is a bottoming sign for the market, which is peculiar to think about with the SP500 Index this close to new highs. But equal weight SP500 ETF RSP has fallen 5.6%, a nice amount for an ordinary market correction.