The S&P 500 (SPX) reaches a new high, indicating continued upward momentum from its low in November 2025. The progression from this low forms a five-wave pattern akin to Elliott Wave analysis.<\/p>\n
The sequence shows wave ((i)) ending at 6986.33, where the initial uplift concluded. A zigzag pattern emerged in wave ((ii)), marking an end at 6788.03, suggesting a higher degree of completion.<\/p>\n
The index then moved higher into wave ((iii)), advancing through several corrective and rally phases. Wave (iii) pushed the index to 6988.82. Short-term corrections are expected before the next wave unfolds, but upward bias persists as long as the index remains above 6788.03.<\/p>\n
Market resistance seems minimal, with buyers anticipated to step in during corrective phases in three, seven, or eleven swings. This indicates ongoing strength in the market.<\/p>\n
The article discusses other financial assets, including gold, which is performing strongly ahead of Federal Reserve policies. Additional sections analyse currency pairs like EUR\/USD and GBP\/USD and the performance of cryptocurrencies such as Bitcoin Cash and Avalanche.<\/p>\n
Also, there is guidance on brokerage choices and trading strategies for 2026, covering diverse needs from low spreads to high leverage, targeting different market regions.<\/p>\n
We see the S&P 500’s push to a new all-time high as a confirmation of the bullish trend that began in November 2025. This move is supported by fundamental data, including the recent report showing Q4 2025 GDP grew at a solid 2.5% annualized rate. This economic strength suggests the upward momentum has a firm foundation.<\/p>\n
The current rally is expected to see a brief pullback before pushing to new highs to complete a short-term wave structure. For derivative traders, this dip presents an opportunity to initiate or add to bullish positions, such as buying call options or selling cash-secured puts. With the VIX currently stable around 13.5, option premiums are not excessively high, making these strategies more attractive.<\/p>\n
The key level to watch remains 6788.03; as long as the index holds above this pivot, any pullbacks should be viewed as temporary corrections. This resilient market structure is reinforced by cooling inflation, with December 2025’s CPI at 2.8%, easing pressure on the Federal Reserve. Consequently, market pricing, reflected in the CME FedWatch Tool, shows over a 90% probability that the Fed will hold rates steady at its upcoming meeting.<\/p>\n
Looking at market history, we have seen similar persistent uptrends, like the one in 2023, where momentum carried the market higher for extended periods even as some worried about valuations. The current rally is further justified by a strong earnings season, with major technology and growth stocks consistently beating revenue forecasts for the last quarter of 2025. This suggests that buyers will continue to emerge on any weakness, looking to participate in the ongoing expansion.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" S&P 500 hits new high; bullish momentum continues. Market strength evident across equities, gold, currencies, and crypto.<\/p>\n","protected":false},"author":62,"featured_media":16991,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-40347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/40347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=40347"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/40347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16991"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=40347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=40347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=40347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}