The Final Bar

Failed Bearish Patterns are Bullish for S&P 500!

David Keller

David Keller

President and Chief Strategist, Sierra Alpha Research

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.

David Keller
About the author: , CMT is Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor. David is also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients. Learn More