Category Archives: Monthly Review

S&P 500 Monthly Review – May 2019

The S&P 500 monthly is showing another close in the upper Keltner line. Support near 2740 is being tested.

The market has been unable to retest the monthly upper Keltner line near 3000. If support near 2740 were to break, 2472 may be retested on a sell off.

The monthly outlook is neutral.