The S&P 500 weekly is showing another close above the upper Keltner line and a new high. Until sustained weakness is shown, the weekly outlook remains bullish.
Monthly Archives: November 2014
S&P 500 Monthly Review November 2014
The S&P 500 monthly is showing another close above last month’s high. Despite divergence on the PPO, the monthly chart has yet to close in the lower keltner channel all year.
The monthly outlook remains bullish.
S&P 500 Weekly Review November 17 -21
The S&P 500 continues to rally. The weekly outlook remains bullish.
S&P 500 Weekly Review November 10 – 14
The S&P 500 weekly is showing a possible continuation buy signal. Until the market shows sustained weakness, the weekly outlook remains neutral to bullish.
S&P 500 Weekly November 3 – 7
The S&P 500 weekly is showing another new high and close higher. Until the market shows sustained weakness, the weekly outlook is neutral to bullish.