The S&P 500 weekly is showing a close right at the Keltner average. Despite the sell off last week and the potential for a sell signal on the oscillators, the weekly outlook is neutral.
The S&P 500 weekly is showing another close in the upper Keltner channel. With no conclusive breakout or breakdown yet, the weekly outlook remains neutral to bullish.
The S&P 500 monthly is showing another close in the upper Keltner channel. Despite closing inside last week’s range, the weekly outlook remains bullish.