$SPY Is Running Red in June. Can the Bulls Pull Off a Last-Week Comeback?

Hello Traders,

The final week of June is here.

Historically, since 2016, the S&P 500 has finished June in positive territory every year except 2022 as can be seen in below seasonality chart from Barchart.com (Old subscribers know it’s one of my favorite analytical tool)

This year is different. June 2026 is currently running in the red, leaving bulls with little room for error as the month draws to a close.

Can buyers stage one more push and turn June green before the monthly calendar flips?

The answer may not be as straightforward as the headlines suggest. Beneath the surface, several key market signals are developing that could determine whether this pullback is merely a pause in the uptrend—or the beginning of something more significant.

In this week’s analysis, we’ll examine the historical context, current market structure, institutional positioning, and the levels that matter most heading into month-end.

Paid subscribers will also get access to the specific signals, probabilities, and actionable levels I’m watching as this setup unfolds.

Time is money and my subscribers know very well that I do not waste either of them.

This is the weekly chart of /ES and I have marked a very important pattern.

Ponder over it on your own.

Or, read my analysis below….

P.S. You are highly encouraged to start from the foundational post (updated just now) and then come back to read further