Prior Trading Day Summary
On Fri Sep 26 2025 investors returned to the buy side of stocks and had the best day since September 11.
The SPX rose 39 points to end the day at 6643. Volume fell to 5.1 billion. There were 81 new highs and 25 new lows. By the close 68% of all stocks were rising in a wide rally.
The NASDAQ rose 99 points to end the day at 22,484. Volume fell to 8.6 billion. By the close, 61% of all stocks on the index were rallying.
Lets review the closing technical indicators from Fri Sep 26 2025 to see if stocks can continue to advance on Mon Sep 29 2025.
Stock Market Outlook: SPX Closing Chart For Fri Sep 26 2025
The index rallied higher and closed above the 21 day moving average but below the Upper Bollinger Band.
The closing candlestick is bullish for Monday.
The 21 day moving average is rising and closed at 6565 which is bullish.
The 50 day moving average is rising and closed at 6459 which is bullish.
The 100 day moving average is rising and closed at 6280 which is bullish.
The 200 day moving average is rising and closed at 6059 which is bullish.
The Lower Bollinger Band is turning higher which is bearish at present. The Upper Bollinger Band is moving higher which is bullish.
The SPX chart is more bullish than bearish to start the final week of September. All moving averages are above 6000 which is bullish for further advances.
SPX Stock Market Outlook review of Fri Sep 26 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 Thu Sep 25 2025. That down signal was confirmed on Friday.
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Ultimate Oscillator: The Ultimate Oscillator is rising.
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Slow Stochastic: The Slow Stochastic has a weak down signal in place and is no longer overbought.
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Relative Strength Index: The RSI signal is rising.
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| Rate of Change: The rate of change is rising, signaling a higher close is likely for Mon Sep 29 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 |
| 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 resistance |
| 6390 is resistance |
| 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 Sep 29 2025
For the start of the final week of September, the indexes look positioned to see a choppy day with some dips but the close will be higher.
The MACD technical indicator confirmed the down signal from Thursday last week, on Friday but today we could see the down signal turn sideways or even turn up.
Potential Economic and Political Market Moving Events
Monday:
10:00 Pending home sales are estimated to be flat at 0.0% versus 0.4% prior.