Weekly Review S&P 500 Weekly Review April 27 – May 1 May 2, 2020 itsgold The S&P 500 weekly is showing another close in the lower Keltner channel. The weekly outlook remains neutral to bearish.
Monthly Review, Sell S&P 500 Monthly Review April 2020 May 2, 2020 itsgold 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.