Buy SPX from $7,500 support

As of May 25, 2026, the S&P 500 Index is firing on all cylinders. The numbers speak for themselves: SPX has closed in the green for eight consecutive weeks, marking its longest winning streak since December 2023.

Looking ahead, the most likely scenario in the coming days is flat churn or modest growth within the $7,430–$7,520 range. 

The lines in the sand are clear: resistance lies between $7,517 and $7,600, while support stands firm at $7,400–$7,430. What are investors waiting for? They are holding their breath for the American Personal Consumption Expenditures (PCE) and Gross Domestic Product (GDP) prints. Any sign that inflation is finally cooling could launch the index to uncharted highs. 

So, what is fueling the fire?

First, geopolitical détente. Optimism over US‑Iran peace talks has been the main spark behind the recent rally. Traders are betting on less oil volatility and more global stability.

Second, an earnings surprise. First‑quarter profits for S&P 500 companies came in 6% above forecasts. As a result, Wall Street is now penciling in 17%–20% earnings growth for the full year. 

Third, AI mania. The artificial intelligence revolution keeps rolling, with Anthropic's Mythos model leading the charge. In fact, tech stocks have surged 23% year‑to‑date, leaving the broader market in the dust.

Here's what the big banks are saying:

JPMorgan sees the S&P 500 Index reaching $7,600 as the base case, with a potential run to $8,000 if conflicts are resolved in no time.

Morgan Stanley expects it to hit $8,000.

Goldman Sachs predicts $7,600 by year‑end.

Yet, there is an elephant in the room that traders cannot ignore: oil. Brent crude hovering above $100 is a constant threat for stocks. If another inflation spike comes into play, it would force the Federal Reserve to tighten its grip on liquidity—and this could end the party fast.

The ultimate recommendation is to buy SPX from the $7,500 support. Lock in profits at $7,580. Place Stop Loss at $7,450.

Calculate your open position so that a potential loss (protected by a Stop Loss order) is limited to 1% of your deposit. If your account balance does not allow entering a position of this size, it is better to skip the trade and wait for other market signals that meet low-risk criteria.