Looking at the S&P 500, the first yearly resistance sits at 7582. My thesis: we'll likely test this level before the anticipated pullback hits in H2. That said, there's a critical threshold to monitor—if November's low of 6522 breaks during Q1, it could signal the 4-year cycle peak has already formed. History offers perspective here. Back in Q4 2021, the index bottomed at 4279, and when that support eventually cracked, it marked a major inflection point. The pattern suggests we're approaching a crucial decision zone. Watch how price behaves near 7582—clean rejection could confirm the setup, while a clean break might extend this run further than expected.