S&P 500 (SPY) 304.56 the 200-DMA resistance with 297.50 some support then 285
Russell 2000 (IWM) 146.84 the 200-WMA and under 144 looking at 140
Dow (DIA) 257.39 has to hold or we see 255 then 250.
Nasdaq (QQQ) 205.50 …
S&P 500 (SPY) 304.50 is the 200-DMA now pivotal especially on a closing basis.
Russell 2000 (IWM) Thursday’s open was at 151.35 which makes that level pivotal Tues with 149.15 the key support to hold.
Dow (DIA) 264.86 was Thursday’s …
S&P 500 (SPY) 302.10 is the area to close above with resistance all the way up. Key support now is 287.
Russell 2000 (IWM) 146.67 the 200-week moving average is the perfect pivotal point.
Dow (DIA) Possible capitulation low if …
S&P 500 (SPY) If closes the week over 302.15 we have an interesting setup for next week. If not, we will need to see some capitulation low.
Russell 2000 (IWM) 146.67 the 200-week moving average
Dow (DIA) Needs a capitulation …
S&P 500 (SPY) Officially oversold. A bounce is possible but that is different than a bottom. 320 resistance with 307.75 support.
Russell 2000 (IWM) Confirmed Distribution phase -156.67 resistance w
Dow (DIA) Confirmed distribution phase 272.48 pivotal
Nasdaq (QQQ) Confirmed …
S&P 500 (SPY) Confirmed warning phase-320.74 now key resistance with 307.75 support
Russell 2000 (IWM) Unconfirmed Distribution phase-remember what that means? A distribution of equities into cash-156.67 super pivotal
Dow (DIA) Unconfirmed distribution phase 272.43 pivotal
Nasdaq (QQQ) Unconfirmed caution …
S&P 500 (SPY) Unconfirmed warning phase-327 now key resistance with 320 some chart support and important weekly support
Russell 2000 (IWM) 160 support with 165.00 resistance and into a stronger caution phase than SPY.
Dow (DIA) Caution phase and unless …
S&P 500 (SPY) Failed the 10-DMA which makes 336 the resistance to clear and 330 support.
Russell 2000 (IWM) 165.80 support, 167 pivotal and 169.50 resistance
Dow (DIA) Closed right below the 10-DMA at 293.60-now pivotal
Nasdaq (QQQ) Fell to …
S&P 500 (SPY) 336.04 the 10-DMA to hold on a closing basis.
Russell 2000 (IWM) 167.40 the 10-DMA support to hold. 169.50 to clear
Dow (DIA) Closed right below the 10-DMA at 293.60-now pivotal
Nasdaq (QQQ) 233.29 support to hold …
S&P 500 (SPY) 335.61 the 10-DMA to hold.
Russell 2000 (IWM) 167.23 the 10-DMA support to hold.
Dow (DIA) Sitting right on the 10-DMA at 293.58
Nasdaq (QQQ) 232.63 support to hold…