Has S&P500 recovered from last week's red tide? Outlook for week starting 17Mar25

Market Outlook of S&P500 - 17 Mar 2025

Volume tells of the momentum of the trend. The average volume is over 4.6 B, and the latest volume is 3.0 B. This suggests a weak strength to the current momentum. One day does not make a trend, and let us monitor. There is a difference between buying the dip and catching a falling knife.

Observations:

• The MACD indicator is starting a downtrend.

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

• Chaikin’s Monetary Flow (CMF) shows a downtrend (below the 0 line).

Using technical indicators and Moving Averages, Investing.com has a “Strong Sell” rating for the S&P 500 (using daily interval). There are 20 indicators with a “Sell” rating compared to only 3 with a “Buy” rating.

Here are the indicators in detail.

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

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

@TigerStars

$S&P 500(.SPX)$

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

$Cboe Volatility Index(VIX)$