Blumer Tech
  • Tech News
  • Business
  • Stock
  • Politics
Stock

Failed Bearish Patterns are Bullish for S&P 500!

by May 30, 2024
May 30, 2024

In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Frank Cappelleri, CMT CFA of CappThesis. Frank shares how the bull market phase has been marked by confirmed and completed bullish patterns and failed breakdowns after bearish patterns. Meanwhile, Dave discusses the rising interest rate environment, what it means for the equal-weighted S&P to underperform the regular cap-weighted SPX, and how charts like LUV remain firmly in a bearish trend.

You can find Dave’s chart showing equal-weighted vs. cap-weighted $SPX here.

This video originally premiered on May 29, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

previous post
This MUST SEE MACD Pattern is a Game Changer
next post
Musk tried to ‘punish’ critics, judge rules, in tossing a lawsuit

You may also like

Chart Mania – 23 ATR Move in QQQ...

July 26, 2025

S&P 500 Breaking Out Again: What This Means...

July 25, 2025

Momentum Leaders Are Rotating — Here’s How to...

July 25, 2025

Is META Breaking Out or Breaking Down?

July 24, 2025

A Wild Ride For the History Books: 2025...

July 24, 2025

Tech Taps the Brakes, Homebuilders Hit the Gas:...

July 23, 2025

The Best Five Sectors, #28

July 20, 2025

Week Ahead: NIFTY Violates Short-Term Supports; Stays Tentative...

July 20, 2025

The Real Drivers of This Market: AI, Semis...

July 19, 2025

July Strength, Late-Summer Caution: 3 Charts to Watch

July 19, 2025

    Join The Exclusive Subscription Today And Get Premium Articles For Free.


    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time.

    Tech News

    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025
    • Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

      October 1, 2025
    • Video game maker Electronic Arts to be acquired for $52.5 billion

      October 1, 2025
    • Nearly 200,000 BMWs recalled over potential fire risk

      September 30, 2025
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 blumertech.com | All Rights Reserved

    Blumer Tech
    • Tech News
    • Business
    • Stock
    • Politics