In the short term, the upward momentum of the S&P 500 is indeed seriously exhausted. According to the current fundamentals, if there is a sell-off, there will be a golden pit.
There are two scenarios in 25 years:
Maintain 5800, fluctuate higher with low volatility, and maintain high valuations.
Once high volatility occurs, valuations will inevitably be killed, and the price reversal will be more powerful. The range of 5418/5451/5478 will be the golden pit buying point.
The path to 7000 will not change. It depends on whether you can survive to the end.