Prior Trading Day Summary
On Fri Oct 3 2025 Stocks ended the day flat but intraday another new all-time high was made with the S&P reaching 6750 before sellers pushed the index back to close unchanged at 6715. Volume was p slightly at 5.7 billion with 68% of all volume being traded higher and 59% of stocks rising. For the week the S&P added 72 points and volume was strongly bullish all week.
The NASDAQ lost 63 points to end the day at 22,780. Volume was higher by 900 million shares to 10.8 billion. 68% of all volume was trading higher along with 58% of stocks. For the week the NASDAQ was up 296 points.
Lets review the closing technical indicators from Fri Oct 3 2025 to see how stocks will start the week.
Stock Market Outlook: SPX Closing Chart For Fri Oct 3 2025
The index closed flat on the day still below the Upper Bollinger Band but above the 21 day moving average. This is still bullish.
The closing candlestick is bullish but with a long shadow which warns investors to watch for dips. At the present time, dips are opportunities to setup trades as the outlook remains bullish for stocks to move higher shortly.
The 21 day moving average is rising and closed at 6620 which is bullish.
The 50 day moving average is rising and closed at 6496 which is bullish.
The 100 day moving average is rising and closed at 6320 which is bullish.
The 200 day moving average is rising and closed at 6090 which is bullish.
The Lower Bollinger Band is turning higher and may cross above the 50 day moving average which is bullish. The Upper Bollinger Band is moving higher which is also bullish.
The SPX chart is more bullish than bearish ffor the start of the week. All moving averages are above 6000 which is bullish for further advances.
SPX Stock Market Outlook review of Fri Oct 3 2025
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is falling and positive.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued an up signal on Wed Oct 1 2025. On Fri Oct 3 2025 the up signal was unchanged.
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Ultimate Oscillator: The Ultimate Oscillator is falling.
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Slow Stochastic: The Slow Stochastic has a down signal in place.
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Relative Strength Index: The RSI signal is falling.
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| Rate of Change: The rate of change is falling, signaling a lower close is likely today. 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 |
| 6750 is resistance |
| 6715 is resistance |
| 6700 is resistance |
| 6675 is resistance |
| 6650 is resistance |
| 6625 is resistance |
| 6600 is resistance |
| 6590 is resistance |
| 6570 is resistance |
| 6535 is resistance |
| 6510 is resistance |
| 6500 is resistance |
| 6470 is resistance |
| 6450 is resistance |
| 6425 is resistance |
| 6400 is support |
| 6350 is support |
| 6325 is support |
| 6300 is support |
| 6250 is support |
| 6225 is support |
| 6200 is support |
| 6175 is support |
| 6150 is support |
| 6125 is support |
| 6100 is support |
Stock Market Outlook for Mon Oct 6 2025
Friday’s closing candlestick shows the index reached the Upper Bollinger Band which brought in sellers. Selling intensified as the day wore on but investors could not push the market into negative territory. Instead the index closed virtually unchanged. Considering how overbought stocks are, the SPX and NASDAQ are both continuing to show bullish signals that they will move higher. On Monday however, the signals are warning there will be dips which could be a bit deeper than anticipated. There is a good chance the SPX will end the day flat to lower. That said, Monday has no economic reports and often this signals a bullish day for stocks. That means even if the SPX closes lower on Monday, the outlook for the week is bullish.
Potential Economic and Political Market Moving Events
Monday:
10:00 No economic reports