The S&P 500 weekly is showing another close in the upper Keltner channel.
The weekly outlook remains neutral to bullish.
S&P 500 Weekly Review June 10 -14
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S&P 500 Weekly Review
The S&P 500 weekly is showing a close in the upper Keltner channel. Despite the rally, a possible sell signal was appeared on one of the oscillators.
The weekly outlook is neutral to bullish.
S&P 500 Monthly Review – May 2019
The S&P 500 monthly is showing another close in the upper Keltner line. Support near 2740 is being tested.
The market has been unable to retest the monthly upper Keltner line near 3000. If support near 2740 were to break, 2472 may be retested on a sell off.
The monthly outlook is neutral.
S&P 500 Weekly Review
The S&P 500 weekly has closed in the lower Keltner channel. A possible sell signal is showing on one of the oscillators.
The weekly outlook is neutral to bearish.
S&P 500 Weekly Review May 20-25
The S&P 500 weekly is showing another close in the upper Keltner channel. On a break below 2790, 2705 may be tested. Conversely any strength holding above 2890 may retest highs near 3000.
The weekly outlook remains neutral to bullish.