1/28/19

Lincoln Oehlers | January 27, 2019

S&P 500 (SPY) Another inside week. If we use 265 as the immediate pivotal area, we will get some insight into which way the weekly range wants to break.

Russell 2000 (IWM) 147.54-147.92 is the range to clear. Otherwise, under 146, could see some selling coming in.

Dow (DIA) 249 is the 50-WMA here and resistance.

Nasdaq (QQQ) Another inside week. 164.50 is the pivotal number to watch. Must clear over 166.60