- Pivot High – 1276
- Pivot Low – 1225
- Opening Range High – 1212
- Opening Range Low – 1153
S&P 500 Opening Range 2nd Half of 2015
S&P 500 Monthly Review July 2015
The S&P 500 monthly is showing divergence from it’s bullish momentum over the last few years. However, the market has yet to break down or out of it’s current trading range. July closed slightly below last month’s open and continues to trade in the upper Keltner channel.
The monthly out look is neutral to bullish.
S&P 500 Weekly Review July 27 -31
The S&P 500 weekly is showing a close right above the middle Keltner average. The market is still trading in a range that’s neither sustained momentum above May highs or January / February’s lows of this year.
The weekly outlook is neutral.
S&P 500 Weekly Review July 20 – 24
The S&P 500 weekly review is showing another close in the lower Keltner channel. The closing price for this week’s bar is slightly lower than last week’s opening print and about the opening print for July, near 2077. The market has not advanced nor declined from a monthly perspective.
The weekly outlook is neutral to bearish.