$SPX couldn't break out on the upside, so then it decided to test the downside, breaking down below support at 6800 for two days. But that move had no follow-through either. Thus, $SPX remains in a trading range, and the frustration with this market continues to grow.
The indicators lean slightly to the bullish side, but the real arbiter of price is, of course, $SPX and that remains in a neutral state.
Join Larry McMillan as he discusses the current state of the stock market on December 15, 2025.
It seems that everything is quite bullish, and we are merely awaiting confirmation from the $SPX chart. That is, we need to see $SPX trade solidly at a new all-time high in order to be in agreement with what is a very bullish set of indicators otherwise.
Join Larry McMillan as he discusses the current state of the stock market on December 8, 2025.
Join Larry McMillan as he discusses the current state of the stock market on December 1, 2025.
Join Larry McMillan as he discusses the current state of the stock market on November 17, 2025.
Join Larry McMillan as he discusses the current state of the stock market on November 10, 2025.
Join Larry McMillan as he discusses the current state of the stock market on November 3, 2025.
