The S&P 500 weekly closed in the same range as the last 3 weeks. Until I see a decisive close above or below the middle keltner line, my outlook is neutral.
The S&P 500 weekly is showing a possible bottom forming on the index. However, confirmation will not come until sustained price action above 1420 occurs. My outlook is neutral.
The S&P 500 Weekly is showing a potential bottom and may go on to retest 1468 if 1416 holds as support. My outlook is neutral.
The S&P 500 Weekly is showing retest of the middle keltner line near 1412. If 1412 holds as resistance, I expect a retest of lows, while a close above that level could signal another rally to 1465. My outlook is neutral.
The S&P 500 weekly is showing another close in the lower Keltner channel. Until I see some sign of strength, my outlook remains neutral to bearish.