Will last week's red tide continue for the S&P500? Outlook for the week starting 10Mar2025

Market Outlook of S&P500 - 10 Mar 2025

S&P500 dated 10 Mar 2025

Observations:

• The MACD indicator is starting a downtrend.

• Moving Averages (MA). Both the MA50 and MA200 lines are on an uptrend. The MA50 line may soon change direction. The last candle touched the MA200 line and is sitting below the MA50 line. This implies a bearish outlook for the mid-term, and a similar bearish trend should be seen for the long term.

• The 3 Exponential Moving Averages (EMA) lines are showing a downtrend.

• Chaikin’s Monetary Flow (CMF) shows an uptrend (above the 0 line). However, the trend has been falling for the last few days.

The S&P500 Technical Analysis (Daily) is showing a “Strong Sell” rating. 20 indicators show a “Sell” rating, and 5 indicators show a “Sell” rating.

The candlestick patterns above point to a more “bearish” outcome.

With the above information, I lean towards a bearish outlook in the coming days.

@TigerStars

$S&P 500(.SPX)$

$SPDR S&P 500 ETF Trust(SPY)$