1/18/19

Lincoln Oehlers | January 17, 2019

S&P 500 (SPY) Since tomorrow is Friday, the weekly chart resistance is at 264.88. If we cannot pierce that, and this begins to break below 260-I’d worry. 

Russell 2000 (IWM) Confirmed Recuperation Phase with the weekly chart resistance at 147.40. Under 144 trouble

Dow (DIA) Unconfirmed Recuperation Phase.It wil have to have a second close above 243.57

Nasdaq (QQQ) NASDAQ has room to 62-the support level.