NYSEARCA ยท ETF ยท ENHANCED MARKET DYNAMICS

RSP

INVESCO EXCHANGE TRADED FD TR S&P 500 EQUAL WEIGHT ETF

US

EMD SCORE59/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade33% directional agreement79% evidence confidence
Completed week
18 Sep 2026
Latest close
USD 212.29
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 2 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
29 Sep 2023โ€“18 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 228.44175.55122.66 29 Sep 2023 ยท EMD 44/100 ยท close 136.04 6 Oct 2023 ยท EMD 44/100 ยท close 134.42 13 Oct 2023 ยท EMD 41/100 ยท close 134.69 20 Oct 2023 ยท EMD 41/100 ยท close 131.55 27 Oct 2023 ยท EMD 34/100 ยท close 128.33 3 Nov 2023 ยท EMD 47/100 ยท close 135.94 10 Nov 2023 ยท EMD 42/100 ยท close 135.15 17 Nov 2023 ยท EMD 50/100 ยท close 139.69 24 Nov 2023 ยท EMD 51/100 ยท close 141.05 1 Dec 2023 ยท EMD 57/100 ยท close 144.53 8 Dec 2023 ยท EMD 58/100 ยท close 144.57 15 Dec 2023 ยท EMD 63/100 ยท close 150.17 22 Dec 2023 ยท EMD 64/100 ยท close 151.34 29 Dec 2023 ยท EMD 67/100 ยท close 152.10 5 Jan 2024 ยท EMD 65/100 ยท close 150.08 12 Jan 2024 ยท EMD 66/100 ยท close 150.41 19 Jan 2024 ยท EMD 68/100 ยท close 150.19 26 Jan 2024 ยท EMD 69/100 ยท close 151.81 2 Feb 2024 ยท EMD 69/100 ยท close 152.43 9 Feb 2024 ยท EMD 70/100 ยท close 153.19 16 Feb 2024 ยท EMD 71/100 ยท close 154.25 23 Feb 2024 ยท EMD 72/100 ยท close 156.15 1 Mar 2024 ยท EMD 73/100 ยท close 158.01 8 Mar 2024 ยท EMD 73/100 ยท close 159.53 15 Mar 2024 ยท EMD 67/100 ยท close 158.48 22 Mar 2024 ยท EMD 71/100 ยท close 161.28 29 Mar 2024 ยท EMD 73/100 ยท close 163.93 5 Apr 2024 ยท EMD 67/100 ยท close 161.04 12 Apr 2024 ยท EMD 62/100 ยท close 156.77 19 Apr 2024 ยท EMD 62/100 ยท close 154.67 26 Apr 2024 ยท EMD 66/100 ยท close 157.21 3 May 2024 ยท EMD 64/100 ยท close 157.56 10 May 2024 ยท EMD 65/100 ยท close 160.77 17 May 2024 ยท EMD 66/100 ยท close 162.64 24 May 2024 ยท EMD 61/100 ยท close 160.61 31 May 2024 ยท EMD 63/100 ยท close 160.45 7 Jun 2024 ยท EMD 58/100 ยท close 159.27 14 Jun 2024 ยท EMD 54/100 ยท close 158.42 21 Jun 2024 ยท EMD 58/100 ยท close 160.27 28 Jun 2024 ยท EMD 53/100 ยท close 159.64 5 Jul 2024 ยท EMD 53/100 ยท close 159.05 12 Jul 2024 ยท EMD 61/100 ยท close 163.77 19 Jul 2024 ยท EMD 56/100 ยท close 163.64 26 Jul 2024 ยท EMD 69/100 ยท close 164.94 2 Aug 2024 ยท EMD 61/100 ยท close 162.06 9 Aug 2024 ยท EMD 68/100 ยท close 161.94 16 Aug 2024 ยท EMD 68/100 ยท close 165.95 23 Aug 2024 ยท EMD 69/100 ยท close 169.37 30 Aug 2024 ยท EMD 72/100 ยท close 170.90 6 Sep 2024 ยท EMD 65/100 ยท close 165.63 13 Sep 2024 ยท EMD 72/100 ยท close 170.06 20 Sep 2024 ยท EMD 70/100 ยท close 172.43 27 Sep 2024 ยท EMD 74/100 ยท close 174.55 4 Oct 2024 ยท EMD 73/100 ยท close 174.20 11 Oct 2024 ยท EMD 73/100 ยท close 175.50 18 Oct 2024 ยท EMD 73/100 ยท close 177.42 25 Oct 2024 ยท EMD 65/100 ยท close 173.75 1 Nov 2024 ยท EMD 63/100 ยท close 172.08 8 Nov 2024 ยท EMD 74/100 ยท close 179.60 15 Nov 2024 ยท EMD 64/100 ยท close 176.51 22 Nov 2024 ยท EMD 77/100 ยท close 180.99 29 Nov 2024 ยท EMD 76/100 ยท close 183.03 6 Dec 2024 ยท EMD 65/100 ยท close 180.66 13 Dec 2024 ยท EMD 64/100 ยท close 177.70 20 Dec 2024 ยท EMD 59/100 ยท close 172.34 27 Dec 2024 ยท EMD 59/100 ยท close 172.97 3 Jan 2025 ยท EMD 57/100 ยท close 172.61 10 Jan 2025 ยท EMD 50/100 ยท close 169.61 17 Jan 2025 ยท EMD 60/100 ยท close 176.25 24 Jan 2025 ยท EMD 59/100 ยท close 178.36 31 Jan 2025 ยท EMD 56/100 ยท close 177.43 7 Feb 2025 ยท EMD 60/100 ยท close 176.43 14 Feb 2025 ยท EMD 60/100 ยท close 177.27 21 Feb 2025 ยท EMD 55/100 ยท close 176.04 28 Feb 2025 ยท EMD 58/100 ยท close 176.39 7 Mar 2025 ยท EMD 54/100 ยท close 172.97 14 Mar 2025 ยท EMD 47/100 ยท close 169.03 21 Mar 2025 ยท EMD 47/100 ยท close 170.18 28 Mar 2025 ยท EMD 44/100 ยท close 168.98 4 Apr 2025 ยท EMD 37/100 ยท close 154.60 11 Apr 2025 ยท EMD 46/100 ยท close 159.36 18 Apr 2025 ยท EMD 42/100 ยท close 159.99 25 Apr 2025 ยท EMD 45/100 ยท close 164.70 2 May 2025 ยท EMD 48/100 ยท close 169.07 9 May 2025 ยท EMD 47/100 ยท close 169.74 16 May 2025 ยท EMD 53/100 ยท close 177.04 23 May 2025 ยท EMD 47/100 ยท close 171.47 30 May 2025 ยท EMD 51/100 ยท close 173.54 6 Jun 2025 ยท EMD 57/100 ยท close 175.76 13 Jun 2025 ยท EMD 50/100 ยท close 174.44 20 Jun 2025 ยท EMD 53/100 ยท close 174.74 27 Jun 2025 ยท EMD 61/100 ยท close 178.64 4 Jul 2025 ยท EMD 65/100 ยท close 182.88 11 Jul 2025 ยท EMD 68/100 ยท close 182.13 18 Jul 2025 ยท EMD 71/100 ยท close 181.89 25 Jul 2025 ยท EMD 73/100 ยท close 185.40 1 Aug 2025 ยท EMD 62/100 ยท close 179.30 8 Aug 2025 ยท EMD 65/100 ยท close 180.80 15 Aug 2025 ยท EMD 68/100 ยท close 183.55 22 Aug 2025 ยท EMD 72/100 ยท close 187.14 29 Aug 2025 ยท EMD 70/100 ยท close 186.28 5 Sep 2025 ยท EMD 70/100 ยท close 186.10 12 Sep 2025 ยท EMD 69/100 ยท close 186.61 19 Sep 2025 ยท EMD 69/100 ยท close 186.86 26 Sep 2025 ยท EMD 69/100 ยท close 187.04 3 Oct 2025 ยท EMD 70/100 ยท close 189.70 10 Oct 2025 ยท EMD 59/100 ยท close 183.62 17 Oct 2025 ยท EMD 64/100 ยท close 186.48 24 Oct 2025 ยท EMD 66/100 ยท close 189.71 31 Oct 2025 ยท EMD 58/100 ยท close 186.40 7 Nov 2025 ยท EMD 65/100 ยท close 186.04 14 Nov 2025 ยท EMD 57/100 ยท close 185.82 21 Nov 2025 ยท EMD 61/100 ยท close 184.25 28 Nov 2025 ยท EMD 63/100 ยท close 189.97 5 Dec 2025 ยท EMD 62/100 ยท close 190.44 12 Dec 2025 ยท EMD 64/100 ยท close 191.84 19 Dec 2025 ยท EMD 63/100 ยท close 191.31 26 Dec 2025 ยท EMD 65/100 ยท close 193.02 2 Jan 2026 ยท EMD 64/100 ยท close 192.05 9 Jan 2026 ยท EMD 70/100 ยท close 196.77 16 Jan 2026 ยท EMD 71/100 ยท close 198.21 23 Jan 2026 ยท EMD 72/100 ยท close 197.93 30 Jan 2026 ยท EMD 69/100 ยท close 197.24 6 Feb 2026 ยท EMD 80/100 ยท close 201.41 13 Feb 2026 ยท EMD 76/100 ยท close 202.01 20 Feb 2026 ยท EMD 78/100 ยท close 203.23 27 Feb 2026 ยท EMD 80/100 ยท close 204.11 6 Mar 2026 ยท EMD 67/100 ยท close 197.31 13 Mar 2026 ยท EMD 62/100 ยท close 192.70 20 Mar 2026 ยท EMD 58/100 ยท close 189.68 27 Mar 2026 ยท EMD 50/100 ยท close 188.46 3 Apr 2026 ยท EMD 53/100 ยท close 193.09 10 Apr 2026 ยท EMD 58/100 ยท close 196.65 17 Apr 2026 ยท EMD 62/100 ยท close 203.16 24 Apr 2026 ยท EMD 59/100 ยท close 201.25 1 May 2026 ยท EMD 62/100 ยท close 202.04 8 May 2026 ยท EMD 61/100 ยท close 203.31 15 May 2026 ยท EMD 56/100 ยท close 200.78 22 May 2026 ยท EMD 66/100 ยท close 205.78 29 May 2026 ยท EMD 65/100 ยท close 208.03 5 Jun 2026 ยท EMD 62/100 ยท close 207.03 12 Jun 2026 ยท EMD 76/100 ยท close 210.84 19 Jun 2026 ยท EMD 65/100 ยท close 209.15 26 Jun 2026 ยท EMD 73/100 ยท close 210.31 3 Jul 2026 ยท EMD 77/100 ยท close 214.91 10 Jul 2026 ยท EMD 74/100 ยท close 214.30 17 Jul 2026 ยท EMD 69/100 ยท close 213.37 24 Jul 2026 ยท EMD 75/100 ยท close 213.57 31 Jul 2026 ยท EMD 72/100 ยท close 215.01 7 Aug 2026 ยท EMD 76/100 ยท close 220.09 14 Aug 2026 ยท EMD 78/100 ยท close 222.77 21 Aug 2026 ยท EMD 76/100 ยท close 221.67 28 Aug 2026 ยท EMD 71/100 ยท close 220.69 4 Sep 2026 ยท EMD 73/100 ยท close 219.00 11 Sep 2026 ยท EMD 67/100 ยท close 214.87 18 Sep 2026 ยท EMD 59/100 ยท close 212.29 17 Nov 2023 ยท Up-cycle confirmed ยท close 139.69 29 Sep 202328 Mar 202518 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 89%Current EMD +19.04-week EMD change -33.8156-week price range USD 128.33โ€“222.77

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

65/1000.08

Strengthening beneath price
4-week change -1.27

02

Trend and deviation

77/100+2.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

58/1004w -4.2% ยท 13w +1.5%

Momentum is supportive
SMI 0.96

04

Price-volume pressure

41/10041% constructive pressure

Volume is leaning against the close
Volume ratio 1.00x

05

Relative leadership

40/100-2.36

The ticker is lagging its benchmark
4-week change -3.89

06

Modeled Trend

89/100Modeled Trend 0.81

Modeled Trend is supportive
Smoothed Modeled Trend 0.76

Evidence context