SPX Records Largest Weekly Decline Since 2022 Bear Market: What's Next?

The S&P 500 (SPX) has experienced its most significant weekly decline since the 2022 bear market, with the index dropping 3.1% this past week. This marks the third consecutive week of losses, bringing the total decline over this period to 5.6%.

Stay ahead with insights from our partnered newsletters that can help you navigate the markets. Subscribe here.

The heightened volatility is largely attributed to ongoing tariff disputes initiated by the Trump administration, leading to investor uncertainty and market fluctuations. Notably, the SPX has been forming a broadening top, or megaphone pattern, characterized by higher highs and lower lows, indicating increased market volatility and investor indecision.

This pattern suggests that the market is experiencing significant swings, making it challenging to predict future movements. The SPX's breach of the 200-day moving average further underscores potential bearish momentum.

Learn More:

• S&P 500 Records Worst Week Since September Amid Tariff Concerns

• Understanding the Megaphone Pattern in Technical Analysis

• Market Volatility Surges as Tariff Policies Unsettle Investors

• Technical Analysis: SPX Breaks Below 200-Day Moving Average

• Global Markets Weekly Update: Assessing the Impact of Trade Policies

Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Please consult a financial advisor before making investment decisions.