Prior Trading Day Summary
On Fri Aug 14 2026 the stocks saw further weakness with both the S&P and NASDAQ ending in the red.
The SPX ended the day down 18 points to close at 7780. Intraday the SPX saw very low volume of 4.2 billion shares traded with 56% of that volume being traded higher and 51% of all stocks rising by the close. Despite this the index closed slightly negative. For the week the SPX was up 22 points.
The NASDAQ fell 118 points ending the day at 26,684. Volume was low at 7.4 billion shares traded. By the close 54% of all volume was advancing along with 47% of stocks. For the week the NASDAQ was down just 6 points.
Let’s review the technical indicators from the close of Fri Aug 14 2026 to see what they predict for Mon Aug 17 2026.
Stock Market Outlook: SPX Closing Chart For Fri Aug 14 2026
The index ended the day below the Upper Bollinger Band for afifth day which is bearish.
The closing candlestick is bullish for Monday with no shadows from Friday. Dips though are likely as the closing candlestick is signaling overbought.
The 21 day moving average is rising and closed at 7578. This is bullish.
The 50 day moving average is rising and closed at 7512. This is bullish.
The 100 day moving average is rising and closed at 7359. This is bullish.
The 200 day moving average is rising and closed at 7102. This is bullish.
The Lower Bollinger Band is falling which is bullish. The Upper Bollinger Band is rising. The signal is bullish for stocks.
The SPX chart is still more bullish than bearish for Monday.
SPX Stock Market Outlook review of Fri Aug 14 2026
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is falling and positive. It is bullish.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued an up signal on Mon Aug 3 2026. The up signal was weaker on Fri Aug 14 2026.
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Ultimate Oscillator: The Ultimate Oscillator is falling which is bearish.
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Slow Stochastic: The Slow Stochastic has an up signal in place. It is overbought.
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Relative Strength Index: The RSI signal is falling and overbought. This is bearish.
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| Rate of Change: The rate of change is rising. It is signaling Monday will end higher. Settings: Rate Of Change is set for a 21 period. This indicator looks back 21 days and compares price action from the past to the present. With the Rate Of Change, prices are rising when signals are positive. Conversely, prices are falling when signals are negative. As an advance rises, the Rate Of Change signal should also rise higher, otherwise the rally is suspect. A decline should see the Rate Of Change fall into negative signals. The more negative the signals the stronger the decline. |
Stock Market Outlook: Support and Resistance Levels |
| 7825 is resistance |
| 7800 is resistance |
| 7780 is resistance |
| 7750 is resistance |
| 7700 is resistance |
| 7650 is resistance |
| 7600 is resistance |
| 7590 is resistance |
| 7570 is resistance |
| 7550 is resistance |
| 7500 is resistance |
| 7450 is support |
| 7425 is support |
| 7400 is support |
| 7370 is support |
| 7350 is support |
| 7300 is support |
Stock Market Outlook for Mon Aug 17 2026
For Mon Aug 17 2026 the technical indicators are mixed once again but with the MACD technical indicator still showing up, the bulls are still dominating stocks.
Monday will see dips throughout the day but the close is expected to be higher.
Potential Economic and Political Market Moving Events
Monday:
8:30 Empire State Manufacturing Survey is estimated to fall to 12 from 15.6 for August
10:00 NAHB Housing Market Index for August is estimated at 33 versus 34 prior