Prior Trading Day Summary
On Tue Sep 22 2026 the NASDAQ made a new all-time high on strong volume. The SPX ended the day flat. Despite this the MACD technical up signal from Monday was confirmed today.
The SPX ended the day unchanged at 7764. Volume was just 5.4 billion but with 50% of volume falling and 50% of all stocks falling by the close. New highs were just 25 but new lows were 141. Overall the SPX had a somewhat disappointing day following Monday’s large rally with no follow through.
The NASDAQ rose 122 points to close at 27,244. Intraday the index made a new all-time high of 27,288.79. Volume was 9.7 billion shares with 69% of all volume being traded higher. There were 147 new 52 week highs but 178 new lows. By the close 56% of stocks were rising. The NASDAQ had a much stronger day the S&P primarily because investors were back buying tech stocks, especially semiconductors.
Let’s review the SPX closing technical indicators from Tue Sep 22 2026 to see what they predict for Wed Sep 23 2026 and whether the rally will restart for today.
Prior Trading Day Earned Income
On Tue Sep 22 2026 there were 7 trades with a total income earned of $4064.
Among the trades done on Tuesday, was an add-on for Salesforce.com Stock (CRM) as the stock fell and helped to setup a second trade on the back of a trade started just last week. There was also an excellent trade in Caterpillar Stock (CAT) started on Tuesday. Members can review all of today’s trades through this list. Reviewing prior trades can be helpful and profitable as prices change constantly and prices often improve in the day(s) following trades being entered.
Current Week:
On Mon Sep 21 2026 there were 9 trades with a total income earned of $6056.
Stock Market Outlook: SPX Closing Chart For Tue Sep 22 2026
The index ended the day below the Upper Bollinger Band but well above all the major moving averages. This is bullish and signal a break out for the SPX.
The closing candlestick is bearish and signals Wednesday will end flat to lower.
The 21 day moving average is rising and closed at 7668. This is bullish.
The 50 day moving average is rising and closed at 7626. This is bullish.
The 100 day moving average is rising and closed at 7485. This is bullish.
The 200 day moving average is rising and closed at 7224. This is bullish.
The Lower Bollinger Band is above the 100 day moving average and falling which is bullish. The Upper Bollinger Band is rising which is bullish.
The SPX chart is more bullish than bearish for Wed Sep 23 2026.
SPX Stock Market Outlook review of Tue Sep 22 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 Mon Sep 21 2026. That p signal was confirmed on Tue Sep 22 2026.
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Ultimate Oscillator: The Ultimate Oscillator is rising and bullish. It is nearing overbought signals.
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Slow Stochastic: The Slow Stochastic has an up signal in place and is bullish. It is overbought.
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Relative Strength Index: The RSI signal is rising and overbought. This is bullish.
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| Rate of Change: The rate of change is fallinging, signaling that Wednesday will end lower. 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 |
| 7800 is resistance |
| 7780 is resistance |
| 7750 is resistance |
| 7700 is resistance |
| 7650 is resistance |
| 7600 is resistance |
| 7590 is resistance |
| 7570 is resistance |
| 7550 is resistance |
| 7500 is support |
| 7450 is support |
| 7425 is support |
| 7400 is support |
Stock Market Outlook for Wed Sep 23 2026
At the close on Tue Sep 22 2026 the SPX MACD technical indicator confirmed Monday’s up signal. Despite the index closing flat on Tuesday, signals are showing an uptrend is building for the SPX. Of some concern is the low number of new 52 week highs and triple digit new 52 week lows. However the remaining technical indicators primarily support the outlook that stocks are heading higher. On Wednesday morning we get the flash PMI readings. If they are stronger than estimated stocks could struggle but if they are flat to lower stocks could move higher.
Potential Economic and Political Market Moving Events
Monday:
No reports
Tuesday:
No reports
Wednesday:
9:45 US Flash Manufacturing PMI for Sep is estimated to rise to 53.5 from 53.2 prior
9:45 US Flash Services PMI is estimated to fall to 55.7 from 56.8 prior