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.
The S&P 500 monthly is showing another close in the upper Keltner channel.
The monthly outlook is neutral to bullish.
The S&P 500 monthly is showing another close in the upper Keltner channel.
The S&P 500 monthly outlook remains neutral to bullish.
The S&P 500 monthly is showing another close in the upper Keltner channel. Since this review is late, the second bar is February, not the third.
Despite waning price momentum on one of the oscillators, the monthly outlooks remains neutral to bullish.
The S&P 500 monthly is showing a close in the lower Keltner channel.
The monthly outlook is neutral to bearish.