EN IT

S&P 500, the uptrend holds but the engine loses steam in week eight

The S&P 500 weekly bullish signal is in its 8th week and holds, but the structure shows cracks: cooling weekly price action, Signal Strength at 7 out of 100 fading, and price hugging the highs. A mature picture, not a reversal.

US Broad Indices · S&P 500
S&P 500, the uptrend holds but the engine loses steam in week eight
June 05, 2026
US Broad Indices · S&P 500
In Summary
The S&P 500 weekly bullish signal is in its 8th week and holds: price above the Ichimoku cloud, four structural moving averages aligned, no close below the 200-week average. But the engine is losing steam. Weekly price action has cooled, the Signal Strength drops to 7 out of 100 and is fading, and the index is hugging its historical highs, just over 3% from the peak. A mature picture, not a reversal.
Open BUY ·8th week from start ·US Broad indices ·T1 ★ See Gold version →
IQS Phase
47
ordinary
Signal Strength
7
low · fading
ATH distance
3.10%
3.10%
KPI 4
0/3
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
The full analysis, operating plan and detailed levels on this asset are reserved for clients★ PLATINUM
restricted Platinum content
Share WhatsApp Telegram Gmail LinkedIn