The market enters the new year with a +35, slightly bullish technical posture, and we are maintaining that ranking this week. While price has pulled back from recent highs, the move has occurred after a modest extension and within a broader bullish structure. Importantly, the pullback has not violated key support levels nor altered the intermediate trend. As a result, the market’s bias remains intact, even as short-term volatility has increased.

The market delivered a constructive holiday week, prompting a +5 point upgrade to the S&P 500 and lifting the ranking to +35 (Slightly Bullish). After weeks of consolidation and hesitation beneath resistance, price finally expanded higher during the Christmas rally. While volume was predictably thin, price behavior remained disciplined and controlled, allowing the breakout to hold rather than fail. This upgrade reflects confirmation across price and momentum, not a shift into aggressive bullish conviction.

The market holds a +40 Slightly Bullish ranking this week as price continues to churn through a familiar range. Daily structure has slipped back into neutrality while the weekly chart remains modestly bullish, reflecting a market that has spent the last several weeks rotating around the same levels rather than establishing a new trend. Since the Fed’s policy announcement, price has attempted to break higher, failed, attempted to break lower, failed, and ultimately returned to the middle of the range, creating a classic Groundhog Day environment for traders.

The market holds a +40 Slightly Bullish ranking this week as price action worked through a volatile stretch driven by the Federal Reserve decision, key economic data, and earnings fallout from the AI space. That volatility showed up most clearly in the S&P 500 and Nasdaq, where rallies into resistance struggled to produce follow-through. On the surface, that hesitation can look like weakness, but the broader technical picture suggests something more constructive is taking place beneath the index headlines.

The market earns a five-point upgrade this week as the S&P 500 moves into plus forty, slightly bullish, because the price action finally delivered the development we needed to see. We wanted the volatility of the prior two weeks to settle down. We wanted a high base to form underneath resistance. And we wanted the broader technical landscape to tighten as the market pressed into a major decision zone

The S&P 500 earns a five-point upgrade this week to a +45 ranking as the market recovers key technical ground and reverses last week’s breakdown beneath the dominant trendline. The bulls didn’t simply buy a dip; they won every intraday level throughout the week, pushing price back above the short-term moving-average cluster and restoring a neutral posture on the daily chart while maintaining the long-term bullish structure on the weekly. The advance was not a one-day spike but a sequence of clean continuation moves that rebuilt the technical foundation from the bottom up and removed much of the damage from the early-November selloff.