Weekly Review S&P 500 Weekly Review January 30, 2016 itsgold The S&P 500 weekly is showing a close in the lower Keltner channel. A rally could retest 2017, while a sell off below 1908 could retest lows. The weekly outlook is neutral to bearish.
Opening Range Nasdaq 100 Opening Range 1st Half of 2016 January 23, 2016 itsgold Pivot High –4522 Pivot Low – 4085 Opening Range High – 4303 Opening Range Low – 4195
Opening Range Russell 2000 Opening Range 1st Half of 2016 January 23, 2016 itsgold Pivot High – 1134 Pivot Low – 983 Opening Range High – 1059 Opening Range Low – 1025
Opening Range S&P 500 Opening Range 1st Half of 2016 January 23, 2016 itsgold Pivot High – 1948 Pivot Low – 1903 Opening Range High – 2038 Opening Range Low – 1858 First lower pivot range on the six month range since 2012.
Weekly Review S&P 500 Weekly Review January 18 – 22 January 23, 2016 itsgold The S&P 500 weekly is showing a close below the lower Keltner line. Repeatedly closing underneath the lower Keltner line and making new lows will confirm a downtrend in the index. The weekly outlook is bearish.