The broader market is at an inflection point. With the S&P 500 trading near all-time highs, traders are asking the critical question—where does the index go from here?

The setup is interesting. We're seeing divergence between mega-cap tech and the broader market, which typically signals a rotation could be incoming. Bond yields, inflation expectations, and Fed policy are all weighing on investor sentiment right now.

Technically, a break above current resistance levels would suggest more upside. But failure to hold support could shake confidence quickly. The macro backdrop matters here—policy shifts, earnings reports, and geopolitical developments are all potential triggers.

For those tracking traditional markets alongside crypto, this S&P 500 movement often correlates with risk appetite in digital assets. When equities rally, crypto tends to follow. When equities stumble, it pulls back too. Worth keeping an eye on as we head into earnings season.