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home / news releases / SQLV - The Epic One-Day Rally


SQLV - The Epic One-Day Rally

  • Support was broken at 4,100, which quickly saw the S&P 500 trade down below 3,900. There is some support at that level, but there is a more well-defined support level at 3,700.
  • There are massively oversold conditions in put-call ratios, breadth, and New Highs vs. New Lows, but an oversold market is always dangerous.
  • Any rally is likely to fail in the 4,200-4,300 area.

For further details see:

The Epic One-Day Rally
Stock Information

Company Name: Legg Mason Small-Cap Quality Value ETF
Stock Symbol: SQLV
Market: NASDAQ

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