Think This Is a Market Top? Look Again

Is the S&P 500 forming a market top? Tom compares today’s breakout with the setup entering 2022 to show what a real shift toward defense looked like before a cyclical bear market. The contrast matters now: current leadership still points toward risk-on behavior. From there, he follows that strength into the groups attracting momentum as earnings season and key inflation reports approach.

This video originally premiered on October 7, 2026. Watch it on Tom's StockCharts TV page here.

Missed a session? Archived videos from Tom are available at this link.

Chart Patterns Market Analysis Earnings
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