July 27th, 2026: SP-500, QQQ and IWM Chart Update
Posted by pugsma on July 27, 2026
5:00 pm EST: The SP-500 gapped up from 7412 to 7462, quickly hit 7480 (day’s high), dropped to 7382 (day’s low) and closed flat at 7413.
Key Technical Indicators (Short to Intermediate Term) Print SharpCharts from StockCharts.com
- $NYAD: As of July 16th, the $NYAD continues to breakout to new highs. Mareket breadth strength tends to lead to new market price highs. $NYAD | SharpCharts | StockCharts.com
Key Technical Indicators (Intermediate to Long-Term):
- Dec 2nd, 2025: $SPX is up 5 straight days [thru 11/28/25], and its McClellan Oscillator cycled from -55 to +68 in just 1 week. Here’s what happened next to $SPX after similar historical rallies.”
Average gains 1 year later is +17.3% in 12 of 12 cases (100%). Signal triggered at SP500 6849 on Nov 28th 2025, so that implies 8033 by Nov 28th, 2026. https://x.com/dailychartbook/status/1995802624076226764?s=46&t=gg5AXDQK37ob5YJ37ot1dw - Jan 11th, 2026: “Market breadth is improving. 338 S&P 500 stocks are now above their 200 day moving average, for first time in 3+ months. After similar breadth recoveries, $SPX was higher 93% of the time 12M later. Only outlier occurred during COVID, only case where drawdowns also exceeded 20%.” SP500 has a 100% (15 of 15 cases)historical probability of being +14.1% higher that 6910 9 months later. That puts the SP500 target at 7884 by Oct 2026.
https://x.com/Bluekurtic/status/2010471785913807349?s=20 - Jan 30th, 2026: “S&P 500 up 1.4% in January. Rest of year up 87% of the time when January is higher. But when it up between 0-2%? Lower only once. Small clues 2026 should be an above average year for investors.” Average gain is +12% (from 6939 this implies 7772 by Dec 31st, 2026). https://x.com/RyanDetrick/status/2017411919297073529?s=20
- Feb 6th, 2026: “The Jan-24 to Feb-6 TOY (Turn Of the Year) Period on the SP500 ended being up from 6915 to 6932 (+0.25%). When the TOY is up between 0 and +2%, the rest of the year is up in 19 of 25 cases (76%) for an average gain of +10.7%” (implies a move from 6932 => 7673 by Dec 31st, 2026). https://x.com/WayneWhaley1136/status/2017738698352152932?s=20
- Feb 26th, 2026: “Active managers have reduced exposure. NAAIM Exposure Index fell below 80 to 74.9, its first break since May 2025. Then NAAIM dropped below 80 for the first time in 2+ months, 6–9M S&P 500 returns were always positive.” (+14.1% in 9 months implies a move from 6908 => 7883 by Nov 27th, 2026). https://x.com/bluekurtic/status/2027171827819119009?s=46&t=gg5AXDQK37ob5YJ37ot1dw
- May 31st, 2026: “The S&P 500 recently was up more than 19% in two months.
You ready for this one? That has only happened seven other times and stocks were never lower 1 month, 3 months, 6 months, or a year later.”
Up an avg +6.4% over 1 month (7562 to 8046 End of June 2026)
Up an avg +10.5% over 3 month (7562 to 8356 End of Aug 2026)
Up an avg +14.6% over 6 months (7562 to 8666 End of Nov 2026)
Up an avg +28.4% over 12 months (7562 to 9709 End of May 2027)
https://x.com/ryandetrick/status/2063830902782701591?s=46&t=gg5AXDQK37ob5YJ37ot1dw
Wave Count(s):
- The primary (white/green) wave count is that the P3-C3-SCV wave up is underway with and initial target at 8168, where P3=1.78P1. The major [1]-P3 wave completed at 6147 on Feb 19th, 2025 and the major [2] wave is completed at 4835. The major [3] wave up is underway and has an initial target at 8100, where [3]=1.23[1]. Within the major [3], minor 1 completed at 7002 on Jan 28th, 2026 and minor 2 wave completed at 6317 on Mar 30th, 2026 and minor 3 completed at 7621 on June 2nd. The minor 4 wave has been playing out as an ascending triangle with minute (a) of minor 4 low at 7238, the minute (b) wave high at 7578, the minute (c) low at 7294, the minute (d) wave high at 7581 and the minute (e) of minor 4 complete at 7376. The minor 5 wave up is underway and will break above 7621 heading towards the triangle target at 8004. Note: The primary (white/green) wave count is valid above 7294.
- The alternate (blue) count is that the minor 4 is playing out as a (a)-(b)-(c) zig-zag to the 38% Fib at 7125. Wave minute (a) completed at 7238, wave minute (b) at 7581 and the minute (c) wave is headed for the (c)=(a) target at 7198. Note: The alternate (blue) count is valid above 7002.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 daily chart:
QQQ 15-min chart:
QQQ 60-min chart:
QQQ daily chart:
IWM 15-min chart:
IWM 60-min chart:
IWM daily chart:
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