The S&P 500 weekly is showing another close in the lower Keltner channel.
The weekly outlook remains neutral to bearish.
S&P 500 Weekly Review April 27 – May 1
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S&P 500 Monthly Review April 2020
The S&P 500 monthly is showing a close in the upper Keltner channel near 2910.
Despite the counter rally from the March, the market did not close under the lower Keltner line. A sell signal has been confirmed.
The monthly outlook is neutral.
S&P 500 Weekly Review April 20 – 24
The S&P 500 weekly is showing another close in the lower Keltner channel.
The weekly outlook is neutral to bearish.
S&P 500 Weekly Review April 13 – 17
The S&P 500 weekly is showing a close in the lower Keltner channel.
The weekly outlook is neutral to bearish.
S&P 500 Weekly Review April 6 – 9
The S&P 500 weekly is showing a close underneath the lower Keltner line.
The weekly outlook is bearish.