The S&P 500 monthly is showing a close in the upper Keltner channel. The rally from August lows has almost retraced the entire sell off.
The monthly outlook is neutral to bullish.
The S&P 500 weekly is showing another close in the upper Keltner Channel. On top of that, a weekly buy signal may have triggered on one of the oscillators. If the rally continues, 2132 may be tested, while a sell off may retest 2038 or lower.
The weekly outlook is neutral to bullish.