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SPX Target Registered

By Seeking Alpha May 12, 2026 Bearish
SPX Target Registered
The S&P 500 reached the long-held 7,400 target, prompting a portfolio rebalance and heightened caution for a potential correction. I expect any corrective activity to test the 6,950-6,750 support range, which would be a healthy pullback within the ongoing bull market.
The S&P 500 reached the long-held 7,400 target, prompting a portfolio rebalance and heightened caution for a potential correction. I expect any corrective activity to test the 6,950-6,750 support range, which would be a healthy pullback within the ongoing bull market.