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Argus

Argus

Aug 10, 2026

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term

Long Term

Summary

As goes the old saying, all-time highs (ATHs) are bullish -- except for the last one. The S&P 500 (SPX) ripped to ATHs last Tuesday and gained 3.6% for the week. The S&P 100 (OEX +4%), the S&P Mid-Cap 400 (MDY +3.3%), and S&P Small-Cap 600 (SML +2.4%) all made ATHs after being

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