The S&P 500 index will likely test levels above 7400 based on measured move targets and technical continuation patterns, contingent on Mag 7 earnings providing the bullish tailwind needed to drive the index to those elevated levels.
forecastpending
Speaker
Patrick CeresnaEvidence Quote
“measured moves that we're doing that target 74 to 7500...bullish tailwind from these mag sevens would be needed in order to really get that market up to that elevated level”
Source
MacroVoices #530 Daniel Lacalle: China and The Us Will Decide The Outcome of The Iran War— Macro VoicesCreated: 8/12/2026, 6:10:01 PM
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