A failed bearish pattern is bullish for the S&P 500!

In this editionStock Chart TV‘Sfinal bar, Dave welcomes Frank Cappelleri, CMT CFA to CappThesis. Frank shares how bull market phases are identified and marked as failures following completed bullish and bearish patterns. Meanwhile, Dave discusses the rising interest rate environment, what it means for the equal-weighted S&P to underperform the regular market-weighted SPX, and how charts like LUV keep bearish trends firmly in place.

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

This video originally premiered on May 29, 2024. Keep watchingour dedicatedfinal barPageOn StockCharts TV!

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