The S&P 500 (SPX) is showing strong bullish momentum across multiple timeframes, indicating a continued upward trend despite potential overbought conditions.
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REPLAY - US Stock Market - S&P 500 SPX Cycle Analysis and Projections
Steve MillerMay 13, 2026
The creator discusses the S&P 500's cycle analysis, noting a rare broadening top formation and a strong upside move. Despite concerns about valuations, the current trend is bullish, with positive signals across weekly, daily, and 2-hour charts, suggesting continued upward momentum for short-term traders.
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