The S&P 500 weekly is showing another close above the upper Keltner line.

The weekly outlook is bullish.

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.

The S&P 500 weekly is showing another close above the upper Keltner line.

The weekly outlook remains bullish.

The S&P 500 Weekly is showing a close above the upper Keltner line. If levels hold here, this may be a IT breakout.

The weekly outlook is now bullish.

The S&P 500 Weekly outlook remains neutral to bullish.