The S&P 500 monthly is showing another close above the upper Keltner line. One of the oscillators is showing a potential buy signal
The monthly outlook remains bullish.
Category Archives: Monthly Review
S&P 500 Monthly Review July 2018
The monthly outlook for July, which is the second to last bar, is showing another close above the upper Keltner line.
The unconfirmed buy signal on one of the oscillators is for the August bar, not the July bar.
The monthly outlook remains bullish.
S&P 500 Monthly Review June 2018
The S&P 500 monthly is showing another close above the upper Keltner line. Oscillator still shows a possible sell signal.
The monthly outlook remains bullish.
S&P 500 Monthly Review May 2018
S&P 500 monthly is showing divergence on one of the oscillators. Despite this, the market managed to close above the upper Keltner line.
Until the market shows sustained selling , the monthly outlook remains bullish.
S&P 500 Monthly Review April 2018
The S&P 500 monthly is showing a close above the Upper Keltner line. A possible sell signal has appeared on one of the oscillators.
If the S&P 500 closes continues to show weakness, 2480 may be tested.
The monthly outlook remains bullish.