S&P 500 Chart Flashes Warning Sign As Key Trendline Breaks

The S&P 500 continues to trade near all-time highs. Retail investors continue to believe the market can go higher. However, the charts are beginning to look tired and signal a pullback.

The last major support trendline from the stock market low on April 7th, 2025 has broken. This can be seen in the chart above.

While the break of this trendline does not promise a drop, it does raise the probability to well over 50%. Complacency is also very high as investors have grown accustomed to stocks going higher regardless of the news. This is also a bearish signal.

Keep a close eye on the market here, this trendline break may trigger a 5-10% flush.