A cautionary view of the S&P 500 rally
A user who says they rode SPY to a 780 target warns of a more dangerous setup, while allowing for one more move higher first.
TLDR
In September 25, 2026 commentary, a user said their outlook had changed since being bullish on SPY at 710, urging dip-buying in the 720s and riding the move to a 780 target. They described the S&P 500 setup as dangerous and suggested patience might be rewarded if their reading of the market was right, though another move higher could happen first.
