S&P 500

Bullish

Archived analysis from Aug 27, 2026, 1:20 PM

Key insight

7,700 holds as intraday support; Nasdaq's outperformance confirms growth-over-defensives rotation. Break above Aug swing high near 7,750 opens path to 8,000. Failure below 7,580 50-day MA flips short-term bias.

Holds 7,700 with Nasdaq leading +0.9% — tech rotation intact. 200-day MA at ~6,800 far below; trend structure unbroken. Dow's -0.3% lag signals defensive fatigue, not broad risk-off.

Main risk

USD/JPY at 159.4 — BoJ policy risk

Yen at 159.4 keeps BoJ intervention threat live; sudden JPY surge unwinds carry trades and hits US equity multiples fast.

With Pro

Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.

Get the app→

Go to the current S&P 500 analysis →