The S&P 500 weekly is showing another close under the upper Keltner line.
Based on the inside range for the last two weeks, either a bottom may be forming or another consolidation before the next leg down.
The outlook is bearish.
The S&P 500 weekly is showing another close under the upper Keltner line.
Based on the inside range for the last two weeks, either a bottom may be forming or another consolidation before the next leg down.
The outlook is bearish.