In this article I’m going to talk about stocks today – what’s been happening on the NASDAQ, the S&P 500, and Gold, for good measure! I’m going to examine the recent price movements with a view to helping you decide where they might be headed in the short to medium term. Let’s get started!
Stocks today – the NASDAQ
A great tool in understanding stocks today is looking at the NASDAQ index chart. This has seen some recovery in price more recently. Let’s take a look at the daily time frame chart, using Trading View, my favourite chart software platform:
Ok so as you can see the price has pushed up significantly from the most recent low it made in around the end of March 2026. It’s broken through the recent diagonal downward trend with a significant push upwards. It’s worth noting that the MACD and Signal lines have crossed on the MACD indicator and the histogram bars are becoming taller and still remain dark green, meaning as of Friday, the market was still pushing up strongly. The RSI indicator is pushing towards the top of its channel. When the RSI indicator generally gets to a level of 70 or above, traders tend to be more aware that the price could be due a pull back. The current level on the RSI indicator is 63.74.
It’s also worth noting that the price has ‘bounced’ at around one of the significant Fibonacci levels. You can learn about using the Fibonacci tool, here, in an article I published recently:
It remains to be seen whether the price will continue pushing up or not. I hope this analysis has provided you with some educational resource for you to start making your own decisions about what you think will happen in the short to medium term.
Let’s take a look at the S&P 500 next to see if it’s following suit…
S&P 500
When considering stocks today, the S&P is also fundamental. This index gives you an overall indication as to the health of the markets. As you can see, the same sort of pattern is forming on the S&P 500. This is no surprise given that it is heavily influenced by the NASDAQ. They look very similar indeed.
Let’s take a look at what’s happening to Gold – this can be a critical market for examining overall market sentiment etc in the stocks – the Gold market tends to soar when people lose confidence in the stock market…
What’s happening to Gold?
As you can see, the Gold market reached all time highs at around the start of 2026 and since then, it’s been pulling back strongly. At the moment it is at the point of potential resistance, as can be seen with the diagonal downward trend line. If recovered confidence in the stock market continues to push the stock prices up, it is possible this will negatively impact the price of Gold.
This is all, of course, being influenced by Trump, the war with Iran and all of the turbulence in the real world too… so it is possible we could see more fluctuations.
The idea of this blog is to share my own thoughts and analysis on what’s happened to date, with a view to helping you decide for yourselves what might happen next.
I hope you found this article helpful.
Disclaimer!
Nothing on this blog should be taken as financial advice or encouragement for you to enter a trade. You are expected to speak to a financial adviser or carry out your own due diligence before entering any positions. Everything on this blog is made for educational purposes and to equip you with the knowledge you need to be able to make your own financial decisions.
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