S&P 500 Can’t Clear 7000. Who Blinks First?

Video Description

The S&P 500 keeps testing 7000, but follow-through has been elusive. Frank Cappelleri breaks down the breakout attempts, failed bearish signals, and internal strength that could determine who gives way first. Frank Cappelleri examines why the S&P 500 has continued to stall near the 7000 level despite multiple breakout attempts. He reviews the bullish pattern structure that remains intact, the repeated fakeouts around resistance, and the tug-of-war between buyers defending pullbacks and sellers with fading strength. Frank also analyzes failed bearish patterns, whipsaws in the GoNoGo indicator, MACD sell signals that haven’t gained traction, and the divergence between RSI and improving breadth. The key question: does this consolidation resolve higher again, or does momentum finally shift? 📬 Sign up for CappNotes: https://cappnotes.substack.com 👀 See what better financial charting can do for you! https://stockcharts.com/?utm_source=YouTube&utm_medium=Organicvideo&utm_campaign=FrankCappelleri&utm_content=021026 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Welcome 00:28 - S&P 500 Patterns 03:17 - The BIG Potential 09:16 - GoNoGo Daily 11:48 - GoNoGo Weekly DIVERGING DIVERGENCES 12:58 - 14-Day RSI, Breadth, MACD 👍🏻 FOLLOW US X - @StockCharts - https://x.com/stockcharts Facebook - https://www.facebook.com/stockchartsdotcom LinkedIn - https://www.linkedin.com/company/stockcharts.com-inc. #frankcappelleri #cappthesis #stockcharts @StockChartsTV ❗️DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor ––––– ℹ️ ABOUT STOCKCHARTS StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ℹ️ ABOUT STOCKCHARTS TV StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.