The S&P 500 Weekly is showing a potential bottom and may go on to retest 1468 if 1416 holds as support. My outlook is neutral.
The S&P 500 Weekly is showing retest of the middle keltner line near 1412. If 1412 holds as resistance, I expect a retest of lows, while a close above that level could signal another rally to 1465. My outlook is neutral.
The S&P 500 weekly is showing another close in the lower Keltner channel. Until I see some sign of strength, my outlook remains neutral to bearish.
The S&P 500 weekly is showing continued weakness. Until I see some signs of strength, my outlook is neutral to bearish.
The S&P 500 Weekly is showing a sell signal on one of the oscillators. Another weekly close down will confirm that a continuation of a sell off will occur in the next few weeks. In the event of a sell off, I expect 1352 to be tested.
My weekly outlook is neutral.