Nicholas Savino has revised his February 2026 S&P 500 forecast, inverting the original cycle projection (left chart above). While February 5 (Thu) was previously slated as a peak, recent price action now points toward a low. From this pivot, a rally to a new all-time-high is expected to unfold, extending through February 17 (Tue), followed by choppy, sideways price action through month-end (right chart above).