
The Trend Remains Up for the Stock Market, But Risk is Increasing as the Trend is Weakening
The S&P 500 stock index remains in an uptrend.
No extreme bullish or bearish momentum, but price stability suggests continuation unless a significant breakout or breakdown occurs.
Weak trend strength (ADX below 20) suggests the trend has been losing momentum and entering a range-bound phase.
Asymmetry remains slightly positive, but risk is increasing due to weak trend strength.
A decisive breakdown below 5920 would indicate trend failure, making further downside likely.