The S&P 500 monthly is showing a close above the upper Keltner line. Until sustained selling occurs, the monthly outlook remains bullish.

The S&P 500 monthly closed above the upper Keltner line.  Until the market shows sustained selling, the monthly outlook remains bullish.

The S&P 500 monthly is showing a close above the upper Keltner line. Today’s close is inside of last month’s range and a retest of last month’s lows held.

The monthly outlook remains bullish.

The S&P 500 monthly is showing another close above the upper Keltner line. Despite the lower close, new highs were tested.

The monthly outlook is bullish.

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

The monthly outlook is bullish.