S&P 500 monthly is showing divergence on one of the oscillators. Despite this, the market managed to close above the upper Keltner line.
Until the market shows sustained selling , the monthly outlook remains bullish.
Category Archives: Monthly Review
S&P 500 Monthly Review April 2018
The S&P 500 monthly is showing a close above the Upper Keltner line. A possible sell signal has appeared on one of the oscillators.
If the S&P 500 closes continues to show weakness, 2480 may be tested.
The monthly outlook remains bullish.
S&P 500 Monthly Review March 2018
The S&P 500 monthly has closed above the upper Keltner line. Support near the upper Keltner line held again this month.
Despite a consecutive monthly close down, the monthly outlook is bullish.
S&P 500 Monthly Review December 2017
The S&P 500 monthly is showing another close above the upper Keltner channel.
The monthly outlook remains bullish. This year, 10 out of the 12 months closed up. A very bullish year for the S&P 500 .
S&P 500 Monthly November 2017
The S&P 500 monthly closed again above the upper Keltner line.
The outlook is bullish.