Market Outlook of S&P500 (16Feb2026)
Technical Analysis Overview
MACD Indicator
The Moving Average Convergence Divergence (MACD) indicator is on a downtrend, implying a bearish outlook.
Moving Averages
The price action, as depicted by the candlesticks, is currently situated above the 200-day moving average (MA) lines. The last candle is sitting below the 50-day moving average (MA) line. This positioning indicates a bullish trend in the long-term outlook and a bearish trend in the short-term. Both the 50 MA and the 200 MA lines are trending upward, reinforcing the positive trend.
Exponential Moving Averages (EMAs)
The three Exponential Moving Averages (EMA) lines are showing a bearish outlook.
Chaikin Money Flow (CMF)
The Chaikin Money Flow (CMF) currently registers at -0.02. This reading indicates that there is more selling pressure than buying, especially after crossing the middle “0” line.
More Technical Analysis
From the daily interval technical analysis, a “Strong Sell” rating is recommended. For the 5 indicators that recommend a “Buy” rating, 16 indicators show a “Sell” rating.
CNN Fear & Greed Index
The latest rating (36) shows a dominant “Fear” sentiment in the market.
From the above, there could be a “breakout” coming for the Fear/Greed index.
Given the above data, I am leaning towards a “Bearish” outlook for the coming week.
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