Monthly Review S&P 500 Monthly Review April 2016 April 30, 2016 itsgold The S&P 500 monthly is showing another close in the upper Keltner channel. Resistance is still present above 2100. Until the index shows a sustained rally or sell off, the monthly outlook is neutral to bullish.
Weekly Review S&P 500 Weekly April 25 – 29 April 30, 2016 itsgold The S&P 500 weekly is showing a close in the upper Keltner channel. The weekly outlook is neutral to bullish.
Weekly Review S&P 500 Weekly Review April 18 – 22 April 24, 2016 itsgold The S&P 500 weekly closed above the upper Keltner line. If the upper Keltner line near 2090 becomes support, the S&P 500 may be entering into an uptrend. Conversely, weakness and a rejection of these levels, may suggest a top. The weekly outlook is bullish.
Weekly Review S&P 500 Weekly Review April 11 – 15 April 17, 2016 itsgold The S&P 500 weekly is showing another close in the upper Keltner channel. The weekly outlook remains neutral to bullish.
Weekly Review S&P 500 Weekly Review April 9, 2016 itsgold The S&P 500 weekly is showing another close in the upper Keltner channel. The weekly outlook remains neutral to bullish.