05/11/2021

Aldrin Gonzales | May 10, 2021

S&P 500 (SPY) Broke the 10-DMA at 418.10.

Russell 2000 (IWM) Next support area from 217 -218.50.

Dow (DIA) 342.43 main support area.

Nasdaq (QQQ) Broke 325.87 the 50-DMA.…


05/11/2021

Aldrin Gonzales |

S&P 500 (SPY) Broke the 10-DMA at 418.10. Russell 2000 (IWM) Next support area from 217 -218.50. Dow (DIA) 342.43 main support area. Nasdaq (QQQ) Broke 325.87 the 50-DMA. KRE (Regional Banks) 71.53 resistance. Next Support from the 10-DMA at …


05/10/2021

Aldrin Gonzales | May 9, 2021

S&P 500 (SPY) New all-time highs.

Russell 2000 (IWM) Cleared back over the 50-DMA at 223.33.

Dow (DIA) New highs.

Nasdaq (QQQ) Doji day. Resistance the 10-DMA at 336.01.…


The Printing Continues

Keith Schneider |

This week’s move to new all-time highs in both the S&P500 (SPY) and the Dow industrial (DIA)masked deteriorating underpinnings as both the IWM and the QQQ lagged. Values stocks led the run-up once again while big cap NASDQ stocks remain …


05/10/2021

Aldrin Gonzales |

S&P 500 (SPY) New all-time highs. Russell 2000 (IWM) Cleared back over the 50-DMA at 223.33. Dow (DIA) New highs. Nasdaq (QQQ) Doji day. Resistance the 10-DMA at 336.01. KRE (Regional Banks) 71.53 resistance. SMH (Semiconductors) Watching for second close …


05/10/2021

Aldrin Gonzales | May 8, 2021

S&P 500 (SPY) New all-time highs. Russell 2000 (IWM) Cleared back over the 50-DMA at 223.33. Dow (DIA) New highs. Nasdaq (QQQ) Doji day. Resistance the 10-DMA at 336.01. KRE (Regional Banks) 71.53 resistance. SMH (Semiconductors) Watching for second close …


05/07/2021

Aldrin Gonzales | May 6, 2021

S&P 500 (SPY) Resistance 420.72.

Russell 2000 (IWM) Confirmed a caution phase with second close under the 50-DMA. Support 217 area.

Dow (DIA) Clean break over consolidation from 337-342 area.

Nasdaq (QQQ) Support 325.18.…


05/07/2021

Aldrin Gonzales |

S&P 500 (SPY) Resistance 420.72. Russell 2000 (IWM) Confirmed a caution phase with second close under the 50-DMA. Support 217 area. Dow (DIA) Clean break over consolidation from 337-342 area. Nasdaq (QQQ) Support 325.18. KRE (Regional Banks) 71.50 resistance. SMH …


05/06/2021

Aldrin Gonzales | May 5, 2021

S&P 500 (SPY) Resistance 420.72.

Russell 2000 (IWM) Watching for second close under 223.38 the 50-DMA.

Dow (DIA) Doji day at new high area.

Nasdaq (QQQ) Next support at 325.06.…


05/06/2021

Aldrin Gonzales |

S&P 500 (SPY) Resistance 420.72. Russell 2000 (IWM) Watching for second close under 223.38 the 50-DMA. Dow (DIA) Doji day at new high area. Nasdaq (QQQ) Next support at 325.06. KRE (Regional Banks) Doji day. Support 67.41. SMH (Semiconductors) Resistance …