$SPX WILL CROSS $8,000 THIS SUMMER The weekly MACD printed a bullish crossover recently Same signal that preceded a 40% rally in late 2023 and a 21% rally after the May 2025 bottom Both times the market climbed for months after Momentum is rebuilding from deeply oversold levels, and the histogram is turning green So the short-term case for more upside is real But zoom out and the picture gets uncomfortable Price beating records, hit a new ATH The MACD is lower than it was in 2024 That bearish divergence shows momentum is weaker at this high than it was at the last one It is approaching a long-term descending trendline that has acted as resistance for years Every touch of that line has reversed the market Put it together, the crossover could push this to the $8K level in the coming months But the divergence and the trendline suggest that move, if it happens, is the last one before a meaningful correction