Sixth consecutive positive week for the S&P 500

Major U.S. indices moved higher over the past week. The monthly Williams' Percentage Range (W%R) is strongly overbought. The monthly Strongly Overbought Williams' Percentage Range (W%R) can be used to foreshadow yearly and quarterly uptrend reversals. The monthly Lane's Stochastic is strongly overbought. The weekly Lane's Stochastic main line (K%) crossed below the overbought signal line (D%). The Stochastic crossover in the overbought area is a bearish indicator. Indices have a strongly overbought weekly Lane's Stochastic. The price is above 20 & 50 Day Moving Average. The S&P 500 (^GSPC) advanced 15.78 points and closed at 2383.12. It was the sixth consecutive positive week for the ^GSPC. Daily Lane's Stochastic main line (K%) crossed below the overbought signal line (D%). The Stochastic crossover in the overbought area is a bearish signal. Relative Strength Index is overbought in monthly and weekly time frames and has bearish divergence in a daily time frame. Williams' Percentage Range is strongly overbought in monthly and weekly time frames overbought in a daily time frame, and has bearish divergence in weekly and daily time frames. Lane's Stochastic is strongly overbought in monthly and weekly time frames and has bearish divergence in a daily time frame.