Prior Trading Day Summary:
On Friday stocks rose higher throughout the day. By the close of trading the MACD technical indicator had issued another confirmed up signal.
The S&P rose 32 points to end the day at 6173. 8 billion shares traded with 54% of all volume moving higher.
The NASDAQ rose 105 points to end at 20,273, the second straight day above 20,000. Volume was heavy with 12.1 billion shares traded, 58% of the volume was being traded lower.
Lets review the SPX technical indicators from the close on Fri Jun 27 2025 to see whether the indexes can keep the rally alive for the start of the final week of June 2025.
Stock Market Outlook: SPX Closing Chart For Fri Jun 27 2025
The index closed above the Upper Bollinger Band for a second straight day. This is bullish.
The closing candlestick is bullish for Monday.
The 21 day moving average is rising and closed at 6010 which is bullish.
The 50 day moving average is rising and closed at 5809 which is bullish. The 50 day is above the 200 day moving average for a 4th up signal. This wiped out the 2nd down signal from March. Only one down signal remains from March 7. The 50 day is now ready to move above the 100 day which will end the only remaining down signal from March 7.
The 100 day moving average is rising and closed at 5822 which is bullish.
The 200 day moving average is rising and closed at 5731 which is bullish.
The Lower Bollinger Band is above the 100 day and turning sideways which is neutral. The Upper Bollinger Band is rising which is bullish. The Bollinger Bands Squeeze is showing signs of ending shortly with stocks moving higher.
The SPX chart is more bullish than bearish.
SPX Stock Market Outlook review of Fri June 27 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 an up signal on Thu June 26. On Fri June 27 the up signal was confirmed.
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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 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 |
| 6200 is resistance |
| 6175 is resistance |
| 6150 is resistance |
| 6125 is resistance |
| 6100 is resistance |
| 6075 is resistance |
| 6050 is resistance |
| 6025 is resistance |
| 6015 is resistance |
| 6000 is resistance |
| 5990 is resistance |
| 5975 is resistance |
| 5950 is resistance |
| 5925 is resistance |
| 5900 is support |
| 5850 is support |
| 5800 is support |
| 5785 is support |
| 5750 is support |
| 5700 is support |
| 5650 is support |
| 5630 is support |
| 5600 is support |
| 5550 is support |
| 5500 is support |
Stock Market Outlook for Mon Jun 30 2025
For Monday the SPX is starting the final week of trading for June 2025, with a new confirmed up signal from the MACD technical indicator. This indicator has been surprisingly accurate in timing entry positions for bullish and bearish indicators.
The SPX closed above the 6000 valuation again on Friday. This is bullish and signals a higher high is likely to start the week.
The technical indicators are showing stocks are entering overbought readings but Monday will see the index move higher.
Potential Economic and Political Market Moving Events
Monday:
9:45 Chicago Business Barometer for June is expected to rise dramatically to 43.0 versus -40.5.