Market Outlook of S&P500 (29Jun2026)
Technical Analysis Overview
MACD Indicator
The Moving Average Convergence Divergence (MACD) indicator for the S&P 500 is on a downtrend.
Chaikin Money Flow
The Chaikin Money Flow (CMF) stands at -0.13, indicating the market has more selling momentum than buying.
Moving Averages
Examining the moving averages, the most recent price action shows the last candlestick has been above the 50-day moving average (MA50) and the 200-day moving average (MA200). This pattern indicates a bullish shift in both the short and long term. Notably, both the MA50 and MA200 lines have begun to trend upwards, which indicates a bullish outlook in both the short and long term.
Exponential Moving Averages
The exponential moving average (EMA) lines are showing a bearish outlook.
Other Technical Analysis
Using “Daily” intervals, the technical indicators are showing a “Strong Sell” rating. 6 indicators have a “Buy” rating and 16 indicators have a “Sell” rating.
CNN Fear & Greed Index
The market fell into the “Extreme Fear” zone with a score of 25.
Weekly Outlook
Based on the above, the S&P500 should be Bearish entering the new week.
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