The S&P 500 monthly is showing another close in the upper Keltner channel. Despite a rocky start this year, the S&P 500 has managed to close above last year’s highs.
The S&P 500 weekly is showing another close in the upper Keltner channel. Oscillators are showing a possible buy signal. A rally could retest 2200+ while a selloff could retest 2160 or lower.