Recessionary Bear Market With The AI Bubble Burst
Seeking Alpha·2026-02-06 16:26
Core Viewpoint - The S&P 500 is approaching a significant breakdown, currently positioned just below the critical technical resistance level of 6812, which corresponds to the 20-week moving average on a 5-year chart [1] Group 1 - The S&P 500 is at risk of a major breakdown if it fails to maintain its position above the key resistance level [1]