Prior Trading Day Summary
On Tue Apr 14 2026 stocks continued their advance despite a dip at the open. On Tuesday every dip, no matter how small, found ready buyers. There are though a number of signals advising the rally may pause.
The SPX on Tuesday closed up 81 points to close at 6967 and easily within reach of the old highs. Volume rose to 5.1 billion. There were 126 new highs but just 9 new lows, an obvious bullish signal.
The NASDAQ rose 455 points to close at 23,659.08. Volume rose to 9.4 billion shares traded. This is nearing usual averages in the NASDAQ. 77% of all volume was being traded higher.
Let’s review the closing technical indicators for Tue Apr 14 2026, to see what they predict for Wed Apr 15 2026.
Stock Market Outlook: SPX Closing Chart For Tue Apr 14 2026
The index closed above all major moving averages and above the Upper Bollinger Band. This is bullish.
The closing candlestick is bullish for Wednesday. It is signaling the rally is overbought but a higher close is still likely.
The 21 day moving average is rising and closed at 6631. It is also turning sharply higher. This is bullish
The 50 day moving average is unchanged and closed at 6760. This is neutral
The 100 day moving average is rising and closed at 6739. This is bullish.
The 200 day moving average is rising and closed at 6600. This is bullish.
The Lower Bollinger Band isfalling and widening which is bullish. The Upper Bollinger Band is rising which is bullish. The Bollinger Bands are widening which signals a strong rally is underway.
The SPX chart is bullish with few signs of weakness but plenty of signs of the rally continuing on Wednesday.
SPX Stock Market Outlook review of Tue Apr 14 2026
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is rising and positive. This is bullish.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued an up signal on Fri Apr 7 2026. On Tue Apr 14 2026 the up signal gained more strength.
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Ultimate Oscillator: The Ultimate Oscillator is rising and overbought. This is bullish.
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Slow Stochastic: The Slow Stochastic has an up signal in place which is bullish. It is overbought and there are signals that a dip is likely for today.
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Relative Strength Index: The RSI signal is rising and is overbought. This is bullish.
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| Rate of Change: The rate of change is rising, signaling today 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 |
| 6850 is resistance |
| 6830 is resistance |
| 6800 is resistance |
| 6780 is resistance |
| 6750 is resistance |
| 6735 is resistance |
| 6700 is resistance |
| 6675 is resistance |
| 6650 is resistance |
| 6625 is resistance |
| 6600 is support |
| 6585 is support |
| 6550 is support |
| 6500 is support |
| 6475 is support |
| 6450 is support |
| 6400 is support |
| 6375 is support |
| 6350 is support |
| 6300 is support |
Stock Market Outlook for Wed Apr 15 2026
For Wed Apr 15 2026 the technical signals are bullish and signaling overbought for yet another day.
The outlook is for another higher close although today we could see some deeper dips and choppier trading. However choppy trading is being used by investors to setup trades. The index look ready to challenge its most recent high.
Potential Economic and Political Market Moving Events
Monday:
10:00 existing home sales were worse than estimated as they came in at 3.98 million
Tuesday:
6:00 NFIB Optimism index for March came in lower than estimated at 95.8
8:30 Producer price index is estimated to rise less than expected.
8:30 Core PPI icame in at 0.2% which was below estimates of 0.4%
8:30 PPI year-over-year came in well below estimates at 4%/
8:30 Core PPI year-over-year is estimated at 3.5% which was just below the average.
Wednesday:
8:30 Import price index is estimated to have risen 2.4%
8:30 Empire State manufacturing survey for Pail shows a decline of -.5%
10:00 Home builder confidence