Between January 4, 2022 and February 7, 2024 it appears the S&P500 structure was developed on a much larger scale (within 1.3%) using a 2018 algorithm that was run between January 26, 2018 and September 21, 2018. Just like September 21, 2018, retail investors were extremely optimistic on February 7, 2024 with a new high in the S&P500.
Stock charts courtesy of StockCharts.com.
