SPX | Is the Rally Running Out of Steam? – Correction Ahead?

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SPX | Is the Rally Running Out of Steam? – Correction Ahead?S&P 500SP:SPXAlchemyMarketsThe recent move higher in the S&P 500 has been strong, but signs of exhaustion are starting to build. In this video, I walk through how momentum is beginning to fade, with RSI suggesting the rally may be losing strength after an extended push from the March lows. We also bring in the anchored VWAP from those March lows to frame where price could gravitate if momentum starts to unwind. This is not about calling a top, but about identifying a key inflection point where continuation vs correction becomes the focus. If the rally stalls here, it opens the door for a potential pullback into key value areas.