Is the S&P500 going to keep falling? S&P500 outlook for the week 31Mar25

Market Outlook of S&P500 - 31 Mar 2025

Let us monitor the volume of the S&P 500.

Chart of the S&P 500 dated 29 Mar 2025

Observations:

• The MACD indicator may experience a bottom crossover in a few days. This should form a “double bottom”. Typically, a “recovery” can happen after a double bottom.

• Moving Averages (MA). The MA50 line has started a downtrend, while the MA200 line is on an uptrend. This implies a downtrend in the mid-term and a bullish in the long term.

• Candle. The last candle is below the MA50 and MA200 lines, implying a bearish outlook for the medium and long term.

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

• Chaikin’s Monetary Flow (CMF) is in the “uptrend zone” (above the 0 line). However, it is possible to see a trend change as it hovers near the "0” line. It is pointing downwards

• The average volume is about 4.9 billion. The 28 Mar 2025 trading day closed out with a volume of 2.8 billion. The volume can be seen as the momentum of the trend. With weak volume, the trend may not be sustained.

• Let us monitor the magnitude of the rise and fall alongside the volume.

From the investing’s technical analysis page, they recommend a “Strong Sell” rating for the S&P 500. There is 1 indicator showing a “Buy” rating and 21 indicators showing a “Sell” rating.

Here are the recent candlestick patterns.

There are more (recent) bearish candlestick patterns.

Given the above indicators, the downward trend should continue with a recovery on the cards.

@TigerStars

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