The S&P 500 monthly is showing another close in the upper Keltner channel.
The monthly outlook remains neutral to bullish.
S&P 500 Monthly Review August 2019
S&P 500 Weekly Review September 9 – 13
Market is still range bound after the last few weeks.
Weekly outlook is neutral to bullish.
S&P 500 Weekly Review July 22-26
The S&P 500 weekly is showing another close above the upper Keltner line.
The weekly outlook is bullish.
S&P 500 Weekly Review July 15 – 19
The S&P 500 weekly review is showing a close below the upper Keltner line. Market activity from the last year and a half shows resistance near the 2900-2950 area with sell offs recurring near current levels during that period. Should this area become support, the market may be in the process of breaking into a new range above 3000.
The weekly outlook is neutral to bullish.
S&P 500 Weekly Review – July 8 – 12
The S&P 500 weekly is showing another close above the upper Keltner line.
The weekly outlook remains bullish.