The S&P 500 (SPX) has moved above its 12/05/25 peak, invalidating a potential Lunar downturn signal. This opens the door for a rally into very late 2025 to very early 2026.
The daily SPX chart courtesy of Trading View updates its recent action.

On 12/11/25 SPX ended its session at 6,901.01 and could soon exceed the 10/29/25 peak at 6,920.34. Above the all-time high is major Fibonccai resistance at 6,958.48 which was last noted in the 11/28/25 blog.
Broader U.S. stock seasonal patterns are bullish from November to April. Occasionally markets can turn at the cusp of a new year. A year end turn is more likely when there’s been a multi- month trend. This is certainly the case for 2025, with a steady rally since April.
The last time U.S. stocks had a significant turn on the cusp of a new year was in very early January 2022, just after a New Moon on 01/03/22.
There’s a New Moon on 12/20/25
There’s a Full Moon on 01/03/26.