The S&P 500 weekly is showing another close above the upper Keltner Channel. Despite the sell off, support held. The weekly outlook remains bullish.
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The S&P 500 weekly is showing another close above the upper weekly keltner channel. Until the market shows sustained weakness, the weekly outlook remains bullish.
The S&P 500 monthly is showing another positive close on the monthly chart. So far, only 1 month out of the year has closed negative, while the last 4 have all closed up. Until the market shows sustained weakness, the monthly outlook remains bullish.