Prior Trading Day Summary
On Monday investors were focused on the Ukraine conference at the White House. With European leaders in attendance the goal of ending the fighting could be near.
It was a choppy day of trading with the but by the close of the day the SPX hadn’t lost even one point. Volume was low at 4.2 billion shares traded. 56% of that volume was being traded higher.
The NASDAQ rose just 8 points to close at 21,629.77. Volume was 8.5 billion shares traded with 65% of al volume being traded higher.
Tomorrow investors start getting retail sales earnings. Wednesday is the latest minutes of the Fed’s July FOMC meeting and Friday we get Powell’s speech from Jackson Hole.
Lets review the closing technical indicators from Mon Aug 18 2025 to see what they advise for Tue Aug 19 2025.
Stock Market Outlook: SPX Closing Chart For Mon Aug 18 2025
The index closed above the 21 day moving average and below the Upper Bollinger Band. This is bullish.
The closing candlestick is bullish for Tuesday but the candlestick has shadows top and bottom which almost always signal a dip on Tuesday.
The 21 day moving average is rising and closed at 6370 which is bullish.
The 50 day moving average is rising and closed at 6238 which is bullish.
The 100 day moving average is rising and closed at 6081 which is bullish.
The 200 day moving average is rising and closed at 5906 which is bullish.
The Lower Bollinger Band is turning lower and may fall below the 50 day today or tomorrow which is bullish. The Upper Bollinger Band is moving higher which is bullish. The Bollinger Bands Squeeze is ended with stocks trying to push higher out of the latest squeeze.
The SPX chart is more bullish than bearish for Tuesday with a few candlestick warnings for intraday dips.
SPX 1stocm review of Mon Aug 18 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 Aug 13 2025. On Mon Aug 18 2025 the up signal lost some of its strength.
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Ultimate Oscillator: The Ultimate Oscillator is rising.
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Slow Stochastic: The Slow Stochastic has a down signal in place and is still overbought. It could dip lower today.
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Relative Strength Index: The RSI signal is falling.
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| Rate of Change: The rate of change signal is unchanged, signaling a lower close for Tuesday. 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 |
| 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 resistance |
| 6250 is resistance |
| 6225 is resistance |
| 6200 is resistance |
| 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 Tue Aug 19 2025
For Tuesday, much of the investor focus will be on the start of retail earnings.
T he technical indicators are showing the index as overbought and in need of a rest.
Tuesday will see weakness in the morning but a higher close is likely.
Potential Economic and Political Market Moving Events
Monday:
10:00 Home Builder Confidence was lower than estimated, coming in at 32
Tuesday:
8:30 Housing started are estimated to reach 1.29 million.
8:30 Building Permits ca expected to come in lower than estimated at 1.39 million.