(Part 3 of 5) S&P500 outlook (24Aug2026)

Market Outlook of S&P500 (24Aug2026)

Technical Analysis Overview

MACD Indicator

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

Moving Averages

Examining the moving averages, the most recent price action shows that the last candlestick has been above the 200-day (MA200) moving average line. This pattern indicates a bullish shift in the long term. With the last candle sitting on the MA50 line, this implies a potential trend change in the shorter 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 with a potential for reversal.

Chaikin Money Flow

CMF index shows a score of -0.04. This implies more selling momentum than buying momentum.

Other Technical Analysis

Based on the daily interval, technical analysis recommends a “Neutral” rating with 10 indicators showing a “Buy” rating and 9 indicators showing a “Sell” rating.

CNN Fear & Greed Index

With a score of “55”, CNN’s Fear & Greed Index suggests that general market sentiment is “Neutral”, down from “Greed” a week ago.

Weekly Outlook

Based on the above, the S&P500 should be BEARISH for the new week.

@TigerStars

$Vanguard S&P 500 ETF(VOO)$

$Cboe Volatility Index(VIX)$

Markets Rebound Day After Rate Hike — What's Driving the Rally?

Stocks took back Wednesday's Fed day and more: QQQ +1.73% to $716.92, SPY +1.13% to $762.60, the S&P 500 +1.14% to 7,637.76, against Wednesday's 0.45% decline. The lift came from outside the Fed. Weekly jobless claims unexpectedly fell, which says the labor market is not cooling the way the rate path assumes, and oil kept sliding, easing inflation pressure. Yields fell and megacap tech led. The uncertainty everyone waited on is behind the market now. But the dot plot still points to one more hike this year, and only the hike already delivered is in the price. What is the market betting on?

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