The S&P 500 has posted gains in 9 of the last 10 sessions and is just 35 points away from new highs near 7,000. When markets approach major psychological resistance levels with this magnitude of momentum, they rarely stay quiet, often resulting in a breakout. The strong trend and market's ability to ignore geopolitical risks suggest riding the momentum upward. Geopolitical tensions suddenly pricing in, or major tech companies reporting AI-related revenue drops/losses.
SPY
HIGH
Apr 15, 10:28
Key Points
['S&P 500 is approaching 7,000.', '9 of the last 10 sessions were green.', 'NASDAQ has 10 straight green days.', 'Market is ignoring geopolitical risks.', 'Momentum implies an imminent breakout.']
April 15, 2026 at 10:28