1/14/2018

| January 13, 2018

S&P 500 (SPY) The melt-up continued with QQQs, DIA and SPY making new all-time highs. Unless this gaps lower this week and gets serious follow through, not overbought so looks fine

Russell 2000 (IWM) Made new highs with 157.50 the prior high, some sellers came in and took profits, so it did not close on the intraday high. 155 now pivotal support

Dow (DIA) Gapped higher and did not fill the gap. Yes, melt-up

Nasdaq (QQQ) Not even overbought here in high territory

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