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 22-26
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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.
Dow Jones Industrial Opening Range Second Half of 2019
- High – 27333
- Low – 26616
- Midpoint – 26975
Nasdaq 100 Opening Range 2nd Half of 2019
- High – 7944
- Low – 7735
- Midpoint – 7839
S&P 500 Opening Range 2nd Half of 2019
- High – 3014
- Low – 2952
- Midpoint – 2983