Frank looks at why the S&P 500 keeps getting bought after each dip. Even though momentum tools show weakness, traders still step in.
He points out a recent bearish pattern that did not work and shows that the index is staying inside a clear trading range. Under the surface, volatility is growing.
Negative RSI divergence and early MACD signals are warning signs, but they have not fully played out yet. The advance‑decline line is also turning down, indicating weaker market breadth.
Despite these caution signals, the market still sees strong closing prices and steady dip‑buying. This mix of mixed momentum, hidden volatility, and ongoing demand keeps the S&P 500 moving forward.
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