Prior Trading Day Summary
On Fri Sep 18 2026 stocks saw pressure mounting again as bond yields rose. Tech stocks, in particular semiconductor stocks rose to offset general losses throughout the indexes.
The SPX end the day up 12 points to 7650 but saw a slight loss on the week of 6 points. 64% of stocks on the index were falling by the close.
The NASDAQ rose 104 points to close at 26,522. TFor the week the NASDAQ was up 189 points but by the close 56% of all stocks were still falling.
Let’s review the SPX closing technical indicators from Fri Sep 18 2026 to see what they predict for Mon Sep 21 2026.
Prior Trading Day Earned Income
On Fri Sep 18 2026 there were 8 trades with a total income earned of $4577.
This brings the total income earned for the third week of Sep to $22,238.
Among the trades done on Friday was a trade in Dell Technologies Stock (DELL) as it trades at its all-time high. Two other stocks with trades placed were SpaceX Stock (SPCX) which is back in an uptrend and Workday Stock (WDAY) which ended up with a better trade than the original one outlined. Members can review all of Friday’s trades through this list. Reviewing prior trades can be helpful and profitable as prices change constantly and prices often improve in the day(s) following trades being entered.
Stock Market Outlook: SPX Closing Chart For Fri Sep 18 2026
The index ended the day below the Upper Bollinger Band but back above the 50 day and ended the day at the 21 day moving average. This is still bearish.
The closing candlestick signals Friday was bearish. A long shadow points to a dip on Monday and a possible lower close.
The 21 day moving average is falling and closed at 7658. This is bearish.
The 50 day moving average is rising and closed at 7617. This is bullish.
The 100 day moving average is rising and closed at 7474. This is bullish.
The 200 day moving average is rising and closed at 7214. This is bullish.
The Lower Bollinger Band is above the 100 day moving average. The Upper Bollinger Band is falling. This is still bearish.
The SPX chart is more bearish than bullish for Monday.
SPX Stock Market Outlook review of Fri Sep 18 2026
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is falling and negative. This is bearish.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued a down signal on Thu Aug 20 2026. On Fri Sep 18 2026 the down signal lost strength and you can see a change may be coming this week.
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Ultimate Oscillator: The Ultimate Oscillator is falling and bearish to start the week.
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Slow Stochastic: The Slow Stochastic has an up signal in place and is no longer oversold. This is bullish.
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Relative Strength Index: The RSI signal is rising and points to a higher day for Monday.
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| Rate of Change: The rate of change is falling, signaling that Monday will end lower. 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 |
| 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 support |
| 7450 is support |
| 7425 is support |
| 7400 is support |
Stock Market Outlook for Mon Sep 21 2026
The technical indicators are a bit mixed for the start of the week but the chance of a dip are strong as the closing candlestick signaled a large dip as likely. However signals also point to a good chance the day could and higher even if there are dips.
Potential Economic and Political Market Moving Events
Monday:
No reports