Prior Trading Day Summary
On Mon Jul 13 2026 indexes spent the day in the red giving back some of last week’s gains.
The SPX closed down 60 points to 7515 . Trading volume was low at 4.8 billion with 54% of stocks on the index lower.
The NASDAQ tumbled 408 points to end the day at 25,873, back below 26,000. Volume was still poor at 7.4 billion shares traded. The close saw only 65 of stocks falling.
The day was all about tensions in the Middle East and rising oil prices. Today though will be about bank earnings.
Let’s review the closing technical indicators from Mon Jul 13 2026 to see what they predict for Tue Jul 14 2026.
Stock Market Outlook: SPX Closing Chart For Mon Jul 13 2026
The index ended the day stll above the 21 day moving average after bouncing off 7500 late in the day. Looking at the SPX chart below you can see that the index is still trending sideways rather than up or down.
The closing candlestick is bearish for Tuesday but with a long shadow which indicates a dip or a bounce are possible.
The 21 day moving average is rising and closed at 7465. This is bullish.
The 50 day moving average is rising and closed at 7440. This is bullish.
The 100 day moving average is rising and closed at 7217. This is bullish.
The 200 day moving average is rising and closed at 6970. This is bullish.
The Lower Bollinger Band is rising. The Upper Bollinger Band is falling. The Bollinger Bands Squeeze is ending with a good chance stocks will move higher.
The SPX chart is more bullish than bearish for Tue Jul 14 2026 but there are couple of cautionary signals to be aware of.
SPX Stock Market Outlook review of Mon Jul 13 2026
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is falling and positive. This is bullish.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued an up signal on Mon Jul 6 2026. The up signal was weaker on Mon Jul 13 2026.
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Ultimate Oscillator: The Ultimate Oscillator is falling which is bearish.
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Slow Stochastic: The Slow Stochastic has an up signal in place. It is bullish. It is at overbought readings.
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Relative Strength Index: The RSI signal is falling which is bearish.
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| Rate of Change: The rate of change is rising signaling Tuesday will end higher. 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 |
| 7600 is resistance |
| 7590 is resistance |
| 7570 is resistance |
| 7550 is resistance |
| 7500 is resistance |
| 7450 is resistance |
| 7425 is resistance |
| 7400 is resistance |
| 7370 is resistance |
| 7350 is support |
| 7300 is support |
| 7280 is support |
| 7250 is support |
| 7200 is support |
| 7175 is support |
| 7150 is support |
| 7125 is support |
| 7100 is good support |
| 7050 is good support |
| 7000 is stronger support |
Stock Market Outlook for Tue Jul 14 2026
For Tue Jul 14 2026 the morning will be all about bank earnings which are released before today’s open. Any miss by the banks will see stocks move lower.
We also get the latest inflation readings from the Consumer Price Index today. This may impact stocks as well in the morning. Overall the technical indicators look strong enough for an up day today, even if bank earnings disappoint.
Potential Economic and Political Market Moving Events
Monday:
No reports
Tuesday:
8:30 Consumer Price Index for June is estimated to have fallen to -0.2% from 0.5% prior
8:30 CPI Year-over-year is estimated to have fallen to 3.8% from 4.2% prior
8:30 Core CPI is estimated as unchanged at 2.9%
10:00 Fed Chair Kevin Warsh is at the House Financial Services Committee