The S&P 500 weekly closed at the middle Keltner line. A sell of may retest 1984 while a rally may 2139.
The weekly outlook is neutral to bullish.
The S&P 500 weekly is showing a retest off of lows last week and another close inside of the range between 1840 – 1880. Until sustained weakness is shown, the outlook remains neutral to bullish.
The Nasdaq 100 weekly is showing a close in the lower Keltner channel and inside of last week’s range. The weekly outlook for the Nasdaq 100 is neutral to bearish.