(Part 3 of 5) S&P500 outlook (24Aug2026)

Market Outlook of S&P500 (24Aug2026)

Technical Analysis Overview

MACD Indicator

The Moving Average Convergence Divergence (MACD) indicator for the S&P 500 is on a downtrend.

Moving Averages

Examining the moving averages, the most recent price action shows that the last candlestick has been above the 200-day (MA200) moving average line. This pattern indicates a bullish shift in the long term. With the last candle sitting on the MA50 line, this implies a potential trend change in the shorter term. Notably, both the MA50 and MA200 lines have continued to trend upward, indicating a bullish outlook in both the short and long term.

Exponential Moving Averages

This shows a bullish trend with a potential for reversal.

Chaikin Money Flow

CMF index shows a score of -0.04. This implies more selling momentum than buying momentum.

Other Technical Analysis

Based on the daily interval, technical analysis recommends a “Neutral” rating with 10 indicators showing a “Buy” rating and 9 indicators showing a “Sell” rating.

CNN Fear & Greed Index

With a score of “55”, CNN’s Fear & Greed Index suggests that general market sentiment is “Neutral”, down from “Greed” a week ago.

Weekly Outlook

Based on the above, the S&P500 should be BEARISH for the new week.

@TigerStars

$Vanguard S&P 500 ETF(VOO)$

$Cboe Volatility Index(VIX)$

U.S.-Iran Ceasefire Signals Emerge — Did Oil Already Price It In?

Crude −2.11% Tuesday on a Sputnik report, unconfirmed by either government, that the U.S. and Iran have agreed ceasefire terms including free navigation through Hormuz, an announcement expected in days. One part is verifiable: the U.S. Navy has cleared mines from the strait. Pressure continues: Bessent unveiled sweeping measures against Iran covering digital assets, gold, aviation and shipping. The risk premium is compressed, not removed. S&P 500 +0.32%, QQQ +0.62%, Bitcoin above $80,000 intraday. Rotate into growth on cheaper oil, buy energy on enforcement, or wait for the data?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.