Prior Trading Day Summary
On Friday stocks continued their advance and ended the week at new highs.
The S&P ended up 25 points to close at 6388. For the week the S&P added 92 points.
The NASDAQ rose 50 points on Friday to end the day at 21,108. For the week the NASDAQ added 212 points. Over the past two weeks the index has climbed 522 points on excellent volume and breadth. There is ore upside ahead for both indexes.
Let’s review the closing technical indicators from Fri Jul 25 2025 to see what to expect for Mon Jul 28 2025.
Stock Market Outlook: SPX Closing Chart For Fri Jul 25 2025
The index closed at the Upper Bollinger Band marking another new closing high. This is bullish.
The closing candlestick is bullish for Monday.
The 21 day moving average is rising and closed at 6265 which is bullish.
The 50 day moving average is rising and closed at 6089 which is bullish.
The 100 day moving average is rising and closed at 5967 which is bullish.
The 200 day moving average is rising and closed at 5825 which is bullish.
The Lower Bollinger Band is rising and above the 50 day moving average which is bullish. The Upper Bollinger Band is back to rising. The Bollinger Bands Squeeze commenced on Wednesday last week. At present the outlook is for stocks to move higher out of the Bollinger Bands Squeeze.
The SPX chart is more bullish than bearish heading into the start of the final week of July.
SPX Stock Market Outlook review of Fri Jul 25 2025
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is rising and positive.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued a down signal on Tue Jul 15. On Fri Jul 25 2025 the down signal is almost gone.
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Ultimate Oscillator: The Ultimate Oscillator is rising.
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Slow Stochastic: The Slow Stochastic has an up signal in place.
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Relative Strength Index: The RSI signal is rising.
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| Rate of Change: The rate of change signal is falling, signaling a lower close for Monday. 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 |
| 6390 is resistance |
| 6365 is resistance |
| 6350 is resistance |
| 6325 is resistance |
| 6300 is resistance |
| 6250 is resistance |
| 6225 is resistance |
| 6200 is resistance |
| 6175 is resistance |
| 6150 is resistance |
| 6125 is resistance |
| 6100 is support |
| 6075 is support |
| 6050 is support |
| 6025 is support |
| 6000 is support |
| 5990 is support |
| 5975 is support |
| 5950 is support |
| 5925 is support |
| 5900 is support |
Stock Market Outlook for Mon Jul 28 2025
For Monday stocks are positioned to move higher. All the technical indicators except for the rate of change are pointing to a higher day on Monday. The rate of change indicates Tuesday will end lower but it is doubtful considering the strength of the other technical indicators.
Investors should expect a higher close on Monday. There are no economic events scheduled for Monday which is usually bullish for stocks. With word that a tariff deal with the EU has been agreed to, this should also help stocks rally higher on Monday.
Potential Economic and Political Market Moving Events
Monday:
There are no events