$SPX
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How Steve Miller’s view on $SPX changed

Channel profile →2 entries
2026-09-26
“US Stock Market - S&P 500 SPX NDX RUT & VIX Price Projections & Cycle Timing”
S&P 500 is neutral to slightly negative; momentum is waning within a defined range, requiring a break below 75.06 for a bearish signal or above 7816/7960 for bullish continuation.

We will start here with the "S&P 500" index. This is the weekly chart for the SPX index, and of course you can see a bull market since 2022, and that has continued with one major correction here in April, where we saw it form that bottom there on April 25.

Then that minor correction here that we saw in the first part of this year, in March.

Watch the source01:39
2026-09-07
“REPLAY - US Stock Market SPX & NDX Cycle & Chart Analysis With Projections”
SPX is strong but faces a short-term correction targeting 7528-7456; breaking 7770 invalidates the bearish view.

We'll take a look at the S&P 500 first, SPX. And again, the same thing we were looking at here, which is the possibility of another two weeks of decline. Now, the secondary support levels have been placed right here .

When I conducted my analysis earlier in the week, and the market appeared to be breaking the daily level, I showed it to be sloping further downwards, but now I must respect what I see.

This is strong, and it has moved higher from this early low point where the Nasdaq has recorded a deeper low than this. The question is, was this the bottom we were looking for, where the price simply stayed within a 3-month range and then broke out upwards ?

Watch the source04:35
KOL Says