S&P500 The curse of the U.S. President's 2nd year..S&P 500 IndexTVC:SPXTradingShotThe S&P500 index (SPX) has entered the 2nd year of Trump's 2nd term and that is a key development. We have discussed this a long time ago, probably during the previous elections and it can't be more relevant than today. With a number of geopolitical and macro-economic risks looming globally and domestically, the stock market has been trading practically sideways since November 2025. That was the end of Trump's Year 1 of his 2nd term. Historically that has been a critical benchmark as since the 2008 U.S. Housing Crisis and Obama's 1st term (actually we can even go further back to 2000), the market has always experienced a correction/ turbulence going into Year 2. The only exception was Obama's 2nd term with the correction happening in Year 3. All the other instances (Obama 1st, Trump's 1st and Biden) experienced strong corrections in Year 2 that hit the 1W MA200 (orange trend-line) in 2022 and 2018 and the 1W MA100 (red trend-line) in 2010. If those probabilities prevail, we should be looking at another strong correction/ Bear Cycle in 2026 towards the 1W MA200, with a fair Target Zone marginally above it being 5700 - 5650. The practically flat price action and 1M candles of the past 3 months as well s February's so far have high chances of being the early signal for that. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇