The S&P 500 Equal Weight ETF ($RSP) has ended a 14-day streak of negative daily breadth, marking its first positive breadth day of December. As of December 20, 2024, the $RSP is up 0.9% and is tracking to conclude the month with improved performance. The recent positive breadth follows a period where only 10 out of 503 S&P 500 stocks were trading in the red, indicating a notable shift in market dynamics. The $RSP's relative strength index (RSI) had previously reached a low of 2.63, the most oversold level since March 2020. Analysts are observing this change closely, as it could signal a potential turnaround in market sentiment as the year comes to a close.