The S&P 500 weekly is showing a close in the upper Keltner channel. If the market continues to rally, the market may retest 2847 in the upcoming weeks.
The weekly outlook is neutral to bullish.
The S&P 500 weekly is showing another close in the lower Keltner channel.
The weekly outlook remains neutral to bearish.
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.