Prior Trading Day Summary
On Fri Sep 19 2025, stocks continued their advance with the S&P up 32 points to close at a new high of 6664. Volume was 9.4 billion shares thanks to triple witching on Friday.
For the week the S&P rose 80 points and for the month of September it is up 203 points, one of the best September’s in years.
The NASDAQ rose 160 points for a new closing high of 22,631. Volume climbed to 15.1 billion thanks to triple witching. For the week the index rose 490 points and for the month of September it is up 1175 points, also one of the best Septembers in years.
Lets review the closing technical indicators from Fri Sep 19 2025 to see if stocks can continue to advance for the 4th straight week.
Stock Market Outlook: SPX Closing Chart For Fri Sep 19 2025
The index closed above the 21 day moving average and at the Upper Bollinger which is bullish.
The closing candlestick is bullish but with two shadows, top and bottom which signals dips or spikes are likely on Monday.
The 21 day moving average is rising and closed at 6517 which is bullish.
The 50 day moving average is rising and closed at 6421 which is bullish.
The 100 day moving average is rising and closed at 6242 which is bullish.
The 200 day moving average is rising and closed at 6029 which is bullish.
The Lower Bollinger Band is turning sideways which is bullish. The Upper Bollinger Band is rising which is bullish. At present the outlook is still for stocks to move higher.
The SPX chart is more bullish than bearish from Mondayy. All moving averages are above 6000 which is bullish for further advances.
SPX Stock Market Outlook review of Fri Sep 19 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 Wed Sep 10 2025. On Fri Sep 19 2025 the up signal gained strength.
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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 and is signaling overbought.
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Relative Strength Index: The RSI signal is rising and overbought.
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| Rate of Change: The rate of change signal is rising, signaling a higher close is expected for Mon Sep 22 2025. 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 |
| 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 resistance |
| 6390 is resistance |
| 6365 is resistance |
| 6350 is resistance |
| 6325 is resistance |
| 6300 is support |
| 6250 is support |
| 6225 is support |
| 6200 is support |
| 6175 is support |
| 6150 is support |
| 6125 is support |
| 6100 is support |
| 6075 is support |
| 6050 is support |
| 6025 is support |
| 6000 is support |
Stock Market Outlook for Mon Sep 22 2025
For Mon Sep 22 2025 the technical indicators are strongly bullish but continue to also warn the index is advising that many stocks are overbought.
For Monday, expect dips and weakness in the morning as some investors take profits, but dip buyers will be quick to snap up stocks that pull back. The close will see the SPX higher to start the 4th week of September. They are no economic reports on Monday which is usually bullish for stocks.
Potential Economic and Political Market Moving Events
Monday:
There are no economic reports