1. Executive Summary

1. Executive Summary Current Status: The S&P 500 (SPX) is currently hovering near its historic high of 7,012. Following last Friday's landmark breakout, the market is in a consolidation phase at elevated levels.

Core Logic: The market has fully transitioned into "Earnings-Driven" mode. Last week's solid bank earnings reinforced the 7,000 floor, but tech sector guidance this week will determine if the index can unlock further upside toward 7,100.

Trend Outlook: Bullish Bias / High-Level Consolidation. The 7,000 mark has successfully flipped from resistance to support. As long as it holds on volume, the primary uptrend remains intact.

1. Triangular Analysis Macro: The 10-year Treasury yield has stabilized around 4.1%, and Fed rate cut expectations for H1 2026 remain neutral. In the absence of negative catalysts, the macro environment persists in a "Goldilocks" state.

Technical: The index achieved a weekly breakout above the 7,000 milestone. Daily RSI is at 72, indicating strong momentum but entering technically overbought territory. Indicators are likely to be reset through sideways consolidation rather than a deep correction.

Micro:

Gamma Profile: Recent option data reveals a massive Positive Gamma buffer near 7,000, which will significantly dampen downside volatility.

Money Flow: Institutional inflows showed strong conviction during last Friday's close, signaling acceptance of valuations above the 7,000 mark.

1. Key Support and Resistance Levels Resistance (R2): 7,125 (Upper channel target)

Resistance (R1): 7,055 (Short-term volatility peak)

Pivot (P): 7,010 (Equilibrium point above the 7,000 mark)

Support (S1): 6,980 (Resistance-turned-support)

Support (S2): 6,915 (10-day SMA support)

1. Actionable Advice Intraday: If a retest of the 7,000 - 7,005 zone holds during tonight's open, consider it a high-probability long entry.

Swing Strategy: As we are in "uncharted territory," use a trailing stop-loss strategy. Raise the overall stop-loss to 6,975.

Risk Warning: Beware of "fake breakout" traps at the open. If the index spikes to 7,030 and then rapidly breaks below 7,000, it suggests significant profit-taking pressure; exit temporarily.