The S&P 500 weekly is showing another close in the lower Keltner channel.
The weekly outlook remains neutral to bearish.
The S&P 500 weekly is showing another close in the lower Keltner channel.
The weekly outlook remains neutral to bearish.
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.