Failed Bearish Patterns are Bullish for S&P 500! – CoinNewsTrend

Failed Bearish Patterns are Bullish for S&P 500!


On this version of StockCharts TV‘s The Last Bar, Dave welcomes Frank Cappelleri, CMT CFA of CappThesis. Frank shares how the bull market part has been marked by confirmed and accomplished bullish patterns and failed breakdowns after bearish patterns. In the meantime, Dave discusses the rising rate of interest surroundings, what it means for the equal-weighted S&P to underperform the common cap-weighted SPX, and the way charts like LUV stay firmly in a bearish pattern.

Yow will discover Dave’s chart displaying equal-weighted vs. cap-weighted $SPX right here.

This video initially premiered on Might 29, 2024. Watch on our devoted Last Bar web page on StockCharts TV!

New episodes of The Last Bar premiere each weekday afternoon. You may view all beforehand recorded episodes at this hyperlink.



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