Nvidia is looking like it’s in trouble even as the S&P 500 overcomes obstacles
1. S&P 500 finding support near 6,340-6,360 despite historical September weakness. 2. Negative internal indicators present, but SPX chart remains bullish overall. 3. Mixed signals from market breadth lead to cautious optimism for SPX. 4. Recent historical volatility shows slight bearishness, but indicators improving. 5. New highs on NYSE outnumber new lows, supporting potential bullish trends.