$SPXEW daily Point & Figure chart S&P 500 Equal Weighted index * all 500 stocks in the S&P 500 are treated as 1 divided by 500 for the portfolio percentage weighting factor used to calculate the index price value moment to moment https://c.stockcharts.com/pnf/chart?c=%24SPXEW,PFTADDNRNO[PA][D][F1!3!!!2!20]&r=1635&pnf=y