The S&P 500 weekly is showing a close in the upper Keltner channel. Oscillators are showing a buy signal. On a sustained rally, recent highs near 2030s may be tested, while a sell off may retest 1890s.
The S&P 500 is showing a close near the middle Keltner line. Oscillators are also showing a positive divergence. A continuation of the rally could retest 2100, while a reversal could retest 1890s. The weekly outlook is neutral.