A sell signal from the HullMA was given on June 26, 2023, on the equal-weighted Nasdaq QQQE.

The Equal Weighted Nasdaq is an index that tracks the performance of all the companies listed on the Nasdaq stock exchange, but with each stock receiving an equal weighting in the index. This means that each company has the same influence on the index’s performance, regardless of its market capitalization. The Equal Weighted Nasdaq is often used as a benchmark for investors who want exposure to the technology sector but don’t want to be overly concentrated in a few large-cap stocks.