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Market Divergence Emerges as S&P 500 Rally Faces Crosscurrents
Market Divergence Emerges as S&P 500 Rally Faces Crosscurrents
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BTCCSquare news:
Wellington-Altus chief strategist Jim Thorne projects a 15% surge for the S&P 500 to 7,500 by spring 2026, citing post-Liberation Day economic reset dynamics. The bullish case hinges on tariff policy evolution and cyclical recovery signals, with some analysts revising targets upward.
Technical headwinds emerge as the Invesco QQQ Trust mirrors the S&P 500 at record highs. Fundstrat's Mark Newton flags deteriorating market breadth—a traditional momentum gauge—as potential resistance builds. The divergence between macroeconomic Optimism and technical indicators creates a tension point for traders.
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