The S&P 500 weekly is showing a close within last week’s range. A close above previous highs would be very bullish, while a break below 1820 could retest 1800 or lower.
The weekly outlook remains bullish.
The S&P 500 Weekly is showing a close inside of last week’s range. If Support near 1830 is broken, I expect 1812 or lower may be tested, while a rally above 1842 may test new highs.
Until the market shows sustained weakness, the weekly outlook is bullish.