‘Overbought does not mean sell.’ Stock bulls and this market have room to run. By: MarketWatch July 20, 2023 at 16:15 PM EDT The S&P 500's next major resistance is at 4650 -- the highs from March 2022. Read More >> Related Stocks: Carnival Corp Cronos Group Inc Edwards Lifesciences Kopin Corp Oric Pharmaceuticals Inc Principal Financial Group Prudential Financial SPDR S&P 500 ETF Trust VIX Viatris Inc