ProCap Insights · May 26, 2026
The S&P 500 just did something it's only done 10 times since 1990. 8 of 9 turned bullish.
The index ripped 17.8% in 38 trading days off the March low. Eight of nine completed prior episodes since 1990 finished the next 12 months higher, with a mean forward return of +15.9%.