Surprise! S&P500 still defies gravity

Candlestick pattern wise, it looks pretty bullish.
Breaking upwards for the week with a small marubozu.
So bullish until further notice, and I would still be wary.
Here is why...
1. Relative Price Monentum (RPM) is crossing downwards (although MACD is crossing up!)
2. Top 8 and Non-commercials Net positions are more bearish than week ago. Almost as if this current bull run is retail driven.

Let's see... bullish, cautiously and until confirmation seen for bear case.