02/19/2026

Mish Schneider | February 18, 2026

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

S&P 500 (SPY) While down just a little from the highs, cannot get back over the 50-DMA 

Russell 2000 (IWM) 267 eludes our Granddad-that has to clear to keep the party going 

Dow (DIA) 496 needs to hold and momentum showing a bit of a bearish divergence 

Nasdaq (QQQ) 610 key to clear while momentum gets more bearish