S&P500 – Expected Green Path v. Red Path until the end of 2026

We invite you to read Bruno’s B.E.S.T. View September issue (written August 31st).

As we enter September of the four-year cycle low, we are updating our view for the remaining quarter of 2026. Our BestView for May 2026 needs to be revised, as the S&P 500 has continued to rise without a correction since April. Our Green Path envisions that the rise above 7620 is a breakout that could lead to a new higher high near the technical target of 8000 around mid-September. From that next top, a gradual but steep decline should take place toward the Cloud (near 7000) by mid-October. Then the fourth quarter should see its usual rebound until year-end. Our Red Path assumes that the top at 7816, seen with the VIX Index below 15%, is the final one. From that top, the S&P500 should decline during September and possibly also during the[…]