One advantage of making predictions and leaving such predictions on a chart is that you can see how right (or wrong) you are, and how your perception of the market differs to the market as a whole. The S&P has been on a charge since the modest retrace mid-April. The April rally has taken itself past the March swing low and the 50-day MA, and is set to challenge the 200-day MA this week. Given this has been in solid rally mode I would not be suprised to see a pause at the 200-day MA.

As the charts show, we have a Nasdaq and S&P that both pushed through their 50-day MAs, eventhough daily candlesticks look 'toppy'. The Nasdaq closed the day with net bullish technicals and beyond(?) the likely retest of the April swing low. The Nasdaq has already started to outperform the Russell 2000 after a period of indecision throughout 2025.