Monthly Review S&P 500 Monthly Review March 2016 April 1, 2016 itsgold The S& P 500 monthly is showing a close in the upper Keltner channel. The reversal from lows shows there are still buyers below the 1920s. The monthly outlook is neutral to bullish.
Monthly Review S&P 500 Monthly Review February 2016 February 29, 2016 itsgold The S&P 500 monthly is showing another close in the lower Keltner channel. The monthly outlook remains neutral to bearish.
Monthly Review S&P 500 Monthly Review January 2016 January 31, 2016 itsgold The close in the lower Keltner channel is a first in many January’s. Buyers still seem to be present in the 1900s-1800s. Despite this, the market outlook is neutral to bearish.
Monthly Review S&P 500 Monthly Review December 2015 December 31, 2015 itsgold The S&P 500 monthly continues to show a consolidation in the upper Keltner channel and has yet to close above or below August’s trading range. The monthly outlook is neutral to bullish.
Monthly Review S&P 500 Monthly Review November 2015 November 29, 2015 itsgold The S&P 500 monthly is showing another close in the upperĀ Keltner channel. Current year’s highs have yet to break and are being tested. The monthly outlook remains neutral to bullish.