Market Mayhem: The S&P 500's Relentless See Saw The S&P 500 has been stuck in a state of suspended animation for months, oscillating between bullish rallies and bearish selloffs at the same stubborn level.
This seesaw action has left market observers scratching their heads, wondering when – or if – the benchmark index will break free from its technical shackles.
One key factor contributing to this stalemate is an increasingly popular measure of market breadth, which suggests that volatility based traders are leaning bearish.