02/27/2020

Aldrin Gonzales | February 26, 2020

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 …


02/26/2020

Aldrin Gonzales | February 25, 2020

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 …


02/25/2020

Aldrin Gonzales | February 24, 2020

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 …


02/24/2020

Aldrin Gonzales | February 23, 2020

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 …


02/03/2020

Aldrin Gonzales | February 20, 2020

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 …


02/20/2020

Aldrin Gonzales | February 19, 2020

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 KRE (Regional Banks) Inside day. 56.14 resistance and …


02/19/2020

Aldrin Gonzales | February 18, 2020

S&P 500 (SPY) 334.67 the 10-DMA held. SPY in La La Land. Russell 2000 (IWM) 166.87 the 10-DMA held. Dow (DIA) Closed right on its pivotal support Nasdaq (QQQ) Talk of La La Land-new all-time high today. 231.67 support to …


02/17/2020

Aldrin Gonzales | February 16, 2020

S&P 500 (SPY) Inside day. 335.56 support then 333.42 Russell 2000 (IWM) 167 support and 170.56 the high to clear Dow (DIA) 292 underlying support Nasdaq (QQQ) 230.50 support KRE (Regional Banks) Still in caution phase so must clear 57.01 …


02/14/2020

Aldrin Gonzales | February 13, 2020

S&P 500 (SPY) Touched all-time highs. Support area is 334.20 to 333. Russell 2000 (IWM) Broke out of the range from 50-DMA at 164.68 to 168. All time high is 170.56.  Support at 168.30 and 167.11. Dow (DIA) Didn’t touch …


02/12/2020

Aldrin Gonzales | February 11, 2020

S&P 500 (SPY) Closed at new all-time highs. 330 is pivotal with support at 327.87  Russell 2000 (IWM) Range to watch the 50-DMA at 164.68 to 168. Dow (DIA) Hit all time high, then faded. 289 is the underlying support …