(Part 3 of 5) Market Outlook of S&P500 (17Aug2026) - another bullish week?

KYHBKO
08-17

Market Outlook of S&P500 (17Aug2026)

Technical Analysis Overview

MACD Indicator

The Moving Average Convergence Divergence (MACD) indicator for the S&P 500 is on an uptrend.

Moving Averages

Examining the moving averages, the most recent price action shows that the last candlestick has been above the 50-day (MA50) and 200-day (MA200) moving average lines. This pattern indicates a bullish shift in both the short and long term. Notably, both the MA50 and MA200 lines have continued to trend upward, indicating a bullish outlook in both the short and long term.

Exponential Moving Averages

This shows a bullish trend.

Chaikin Money Flow

CMF index shows a score of -0.06. This implies more selling momentum than buying momentum.

Other Technical Analysis

Based on the daily interval, technical analysis recommends a “Strong Buy” rating with 19 indicators showing a “Buy” rating and zero indicators showing a “Sell” rating.

CNN Fear & Greed Index

With a score of “65”, CNN’s Fear & Greed Index is suggesting that the general market sentiment is “Greed”. The market continues to reflect a sentiment of “Greed” since the previous week.

Weekly Outlook

Based on the above, the S&P500 should be Bullish for the new week. Let us note that there is increasing selling momentum and this could affect the bullish run.

@TigerStars

$Vanguard S&P 500 ETF(VOO)$

$Cboe Volatility Index(VIX)$

$ProShares Ultra VIX Short-Term Futures ETF(UVXY)$

Can AI investment be honored? Who is more worth looking forward to in the financial reports of the four major technology giants?
US technology giants ushered in a period of intensive earnings release. After Google's financial report last week, investors' worries about high capital expenditure and free cash flow pressure heated up. Whether technology giants can prove the liquidity and capital expenditure efficiency of AI business will become the key to this round of financial report. Microsoft and Meta will announce their earnings after the market bell on July 29, and Apple and Amazon will release their latest results after the market bell on July 30. Of these companies, whose performance do you expect the most?
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