— date: ‘2025-06-28’ title: Strong Uptrend with Clouds on the Horizon
The S&P 500 is showing significant strength, pushing past its previous all-time highs. Last week’s candle broke above the channel resistance, paving the way for further upside within the long-term trading channel. However, seasonal weakness is anticipated from mid-July into early August. For mid- to long-term market caveats, please refer to the previous weekly market outlook.