$RSP

$RSP has declined roughly 6% in recent months, a normal pullback rather than a plunge or evidence of a broader market breakdown.

Equal-weighted $SPX is nearing a 38.2% price-and-time retracement area after a relentless selloff, creating a potential near-term support zone.

$RSP remains in a strong long-term bearish trend relative to $XLK, indicating investors should not rotate from technology into other S&P 500 sectors.

$SPY remains favored over $RSP, with technology expected to outperform as earnings and technical strength continue to support the capitalization-weighted index.