Jun 5 • 📈 Chart Breakdowns
$SPX Up 26% Year on Year
📊 MARKET UPDATE | S&P 500 (SPX) — June 5, 2026
Chart: 2-Day Timeframe | Volatility Stop Indicator Active | 10 & 30 day Moving Averages
🔢 EXACTLY ONE YEAR AGO TODAY
On June 5, 2025, the S&P 500 closed at 5,939.29.
Today, June 5, 2026, it's trading at 7,584.32.
That's a gain of 1,645 points — or exactly +27.70% in 12 months.
Let that land. Nearly 28% in one year. If you had simply put $10,000 into an index fund and done nothing — no charts, no indicators, no stress — you'd be sitting on a 27.70% return or $2700 gain. That's the baseline. That's the power of just being in the market.
📈 READING THE CHART
This is a 2-day SPX chart with slow (30 day) and fast (10 day) moving average indicators, and the Volatility Stop (VS) indicator applied. The blue dots signal a bullish trending market — a strong, sustained upward move in price. The red dots signal the opposite: bearish or weakening trend conditions.
Here's the story the chart tells over the past 12 months:
→ From mid-2025 into late 2025, the Volatility Stop was printing blue dots as price steadily climbed from below 5,600 toward the 6,000–6,100 range. Trend confirmed: bullish.
→ Late 2025 into early 2026, we started seeing the dots shift to red as price stalled and began rolling over. That was the warning signal. The market then sold off sharply — dropping all the way to around 6,350 by April 2026. A painful but necessary shakeout.
→ Then the recovery. Price bounced hard from those April lows, and crucially — the Volatility Stop flipped back to blue at the beginning of April. That was the signal to re-enter the market. The trend resumed. And it resumed aggressively.
→ Today, price sits at 7,584, trading well above both moving averages on the chart (the short-term yellow MA and the longer-term purple MA), both of which are now curling upward — confirming the bullish structure.
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🔍 KEY LEVELS TO WATCH
→ 7,490 — immediate support (previous resistance, now flipped)
→ 7,377 — short-term MA support zone (first line of defence on any pullback)
→ 7,063 — major structural support below that
→ 6,855 — the line in the sand for the bull trend
As long as the Volatility Stop dots remain blue and price holds above 7,377 on any dips, the trend remains intact.
🔄 WHERE I THINK THE MARKET IS HEADING NEXT
Now here's something I want to share with you — because this is where thinking like an investor, not just a chart reader, becomes important.
I believe the market is beginning to rotate away from AI stocks, and I expect that shift to continue and deepen over the coming months.
AI has had an extraordinary run. Nvidia, the semiconductors, the infrastructure plays — they've been the engine of this bull market. But narratives have a lifespan. Capital doesn't sit still. When one sector becomes overcrowded and overvalued, smart money looks for the next story.
My view? That story is Biotech — and specifically, Oncology.
I'm watching companies whose core business is built around fighting cancer — whether that's developing new therapies, diagnostic tools, targeted treatments, pills, or innovative approaches to specific cancer types and stages.
Why oncology? A few reasons:
→ Cancer remains one of the largest unmet medical needs globally, with treatment innovation accelerating
→ AI-assisted drug discovery is shortening development timelines for biotech companies
→ Regulatory tailwinds: the FDA has been approving oncology therapies at a meaningful pace
→ These stocks have largely been overlooked during the AI mania — meaning valuations haven't run as hot
→ As capital rotates, undervalued sectors with strong fundamentals are where it tends to land
This is not financial advice — it's a thesis I'm developing and tracking. As always, do your own research, understand the risks of individual biotech stocks (they can be volatile around clinical trial results), and size your positions accordingly.
But for those of you learning to invest: this is exactly the kind of sector rotation thinking that separates passive investors from those who actively seek an edge.
Watch the biotech and healthcare sector ETFs. Watch oncology-focused names. See if the price action starts confirming what the narrative is suggesting.
That's how you connect macro thinking with technical analysis.
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📚 THE LESSON
The chart gave us signals. The Volatility Stop told us when the trend was healthy and when to be cautious. The moving averages showed us structure. And now — as the trend continues — the job is to think one step ahead.
Markets reward those who see the rotation before the crowd does.
Stay curious. Stay patient. Keep learning.
— Itai | The Blue Investor 🔵
⚠️ This is not financial advice. Always do your own research.
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$SPX Up 26% Year on Year
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