The S&P 500 weekly is showing another close in the Upper Keltner channel. Consolidation seems to be taking place in the current range.
Until a break to previous highs or below 2895, the outlook is neutral to bullish.
S&P 500 Weekly Review June 29 – July 3
S&P 500 Monthly Review June 2020
The S&P 500 monthly closed in the upper Keltner channel, but has not retested previous highs near 3400.
The monthly outlook is neutral to bullish.
S&P 500 Weekly Review June 22 – 26
The S&P 500 weekly is showing another close in the lower Keltner channel. Despite the buy signal, the S&P 500 has failed to trend higher and test the upper Keltner line.
The weekly outlook is neutral to bullish.
S&P 500 Weekly Review June 15-19
The S&P 500 weekly is showing another close in the upper Keltner channel.
The weekly outlook is neutral to bullish.
S&P 500 Weekly Review June 15 – 19
The S&P 500 weekly is showing another close in the upper Keltner channel.
The weekly outlook remains neutral to bullish.