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Meltup Persists, But Cyclical Breadth Momentum is Negative

The S&P meltup holds within all uptrend channels with the path of least resistance still up. Longer cycle projections have pulled back and cyclical breadth momentum is weakening.  The advance is aging but there’s no sign of top formation other than in momentum, and that alone is insufficient to signal top formation.  Legacy (pre April, 2026) Technical Trader subscribers click here to download the full report.

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Then click to download Advanced Cycle Analytics June 1, 2026 (Membership Required: Integrated Edge or Advanced Cycle Analytics)

This report includes the support and resistance levels, cycle projections, conventional price targets, and indicators to watch to determine the direction of the next big move. 

Posted in 2 - Advanced Cycle Analytics