Market Breadth Data******************************

Monday, September 14, 2026

SPX Market Summary and Forecast

The expected rebound came right on cue and started fading the same day as expected:


Market breadth remains weak, although most overbought/oversold indicators are neutral.

Key levels to watch:

7575 - 7580:  immediate support and decision area; holding it would keep the pullback contained, while a clear break would increase the risk of a retreat toward about 7,500.

·        7,670: is the first important hurdle on a rebound and would be an early sign that buyers are regaining control.

·        7,695–7,725: Moving through this zone would strengthen the recovery case and align with the five-day upside projection.


Pivot level: 7635

B   Bottom line: SPX remains in a longer-term uptrend, but short-term momentum is weakening so the best stance is being cautious rather that aggressively bullish or bearish.




 

at

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.