Over the past month, S&P 500 futures have edged down, remaining close to all-time highs. The long-term trend remains bullish, with index could potentially target the psychological $8000 threshold. Nevertheless, investors should mean the 2026 US midterm elections: historically, equity markets experience a correction between August and October during these cycles.

Long-term trend: Up
Resistance level: 8000
Support level: 7000