02/12/2026

Mish Schneider | February 11, 2026

(Pivotal means short-term bullish above that level and bearish below)  

S&P 500 (SPY) Back to bullish phase and near the highs-critical next moves 

Russell 2000 (IWM) Failed 267 which might be a bit concerning 

Dow (DIA) 49,600 needs to hold 

Nasdaq (QQQ) 620 puts this back over the 50-DMA but under 610 again will be trouble