Everything Is Bullish Except the Price

No bueno

Earlier today we pointed out: "SPX has produced rather big volatility over the past 2-3 months, but gains haven't been overly impressive. Yes, we are at ATHs basically, but only up 100 points from early October. The volatile, non trend price action, reminds us a bit of late last year/early 2025. That ended with a double top and a puke. Are we looking at another double top here?"