Here's Why the S&P 500 May Finally Break Out

The S&P 500 is back near its highs, but this breakout attempt may have a stronger foundation than the last, which starts with a larger bullish cup-and-handle pattern that has continued to develop while multiple bearish formations have failed. Frank Cappelleri takes a close look at the potential for a breakout, and also examines improving market breadth, stronger intraday buying, and constructive setups across several sectors and ETFs—all of which point to broader participation that could support a move to new highs.
The video was originally published on July 7, 2026.
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