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Is a major top in on the S&P 500? [Video]

Andrew Pancholi Market Timing Report

Is a Major Top in on the S&P 500?

The biggest S&P 500 sell-off of 2026 hit on Friday 5 June. Is this just a pullback, or a major top forming?

In this update Andrew Pancholi walks through the evidence: the long-term price projections, the Fibonacci levels, and the time cycles that flagged this week's turn. From the 666 low of the 2009

financial crisis to the pandemic high, the Trump tariff top, and the overbalance now showing on the daily chart — the technical case is worth examining carefully.

Some uncanny measured moves are present to within one point. These are also discussed. We look at where the S&P 500 could go next, the downside Fibonacci targets in play, and the geopolitical cycles building into the back end of June around the 250-year anniversary of 1776.

Author

Andrew Pancholi

Market Timing Report

Andrew Pancholi is a world-renowned trading expert specializing in market timing.

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The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing

More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.

Is a major top in on the S&P 500? [Video]

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