What’s Your Strategy for 2025 and 2026? SPX Lost 50-EMA Support.. What next?

Over the past week, the S&P 500 closed below its 50 EMA, a level that has acted as short-term support for most of this year. A single technical break isn’t a guaranteed trend reversal, but historically, when the market loses the 50-EMA for more than a few sessions, drawdowns often follow before new highs are made.

We’re also heading into a period with a lot of macro uncertainty: potential rate cuts (or no cuts), election volatility, slowing earnings in some sectors, and increasing concentration risk in a handful of mega-caps.

Having said that, what is your investing strategy going into late 2025 and 2026? Are you leaning toward defense, offense, or staying neutral? Many people seem to be thinking through at least these four paths:

1. Selling and sitting on cash.
2. Rebalancing the portfolio to target allocation.
3. Continuing to DCA.
4. Sectoral rotation in defensive sectors.

Which approach are you taking, and why? Are you influenced more by macro, technicals, valuation metrics, or just staying disciplined to your existing plan?