McKesson is among the stocks showing very bearish short-term conditions, implying it's not a good time to enter a long position.
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US Stock Market - S&P 500 SPY | Price Projections & Cycle Timing
Steve MillerMay 23, 2026
The creator analyzes the SPY ETF using cycle analysis and market condition monitoring. They discuss projections for the S&P 500, noting a recent acceleration past an all-time high and current upward momentum. However, they anticipate a broadening pattern leading to a peak and a subsequent corrective phase, with a slight downside vector indicated.
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Tickers discussed in this post
Comcast is identified as very bearish on the short term, suggesting it's not currently a buying opportunity.
Carvana is listed among the stocks with very bearish short-term conditions.
Walmart is noted as being very bearish on the short term, though it has been a different case.
Lowe's is showing very bearish short-term conditions, indicating it's not a good time to buy.
Pepsi is among the stocks with very bearish short-term conditions.
Expedia is showing very bearish short-term conditions, suggesting it's not a good time to buy.
ASML is among the stocks showing very bullish short-term indications.
Micron is showing very bullish short-term indications and has exploded recently.
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