The S&P 500 weekly is showing another close in the upper Keltner channel. Until a sustained sell off occurs, the weekly outlook remains neutral to bullish.
S&P 500 Weekly Review September 19 – 23
S&P 500 Weekly Review September 12 – 16
The S&P 500 weekly is showing a sell signal on one of the oscillators. A weekly close below below 50 on the bottom oscillator or a weekly close below 2105 could result in a test of 2061 or lower.
The weekly outlook remains neutral to bullish.
S&P 500 Weekly Review September 5-9
The S&P 500 weekly is showing a close in the upper Keltner channel. An unconfirmed sell signal has appeared in one of the oscillators.
The weekly outlook is neutral to bullish.
S&P 500 Weekly Review August 29 – September 2
The S &P 500 weekly is showing a close near the upper Keltner line.
The weekly outlook is neutral to bullish.
S&P 500 Monthly Review – August 2016
The S&P 500 monthly is showing a close slightly lower than July. However, a higher high for the year was tested.
The monthly outlook remains neutral to bullish.