10/10/18

Lincoln Oehlers | October 9, 2018

S&P 500 (SPY) Closed just under 287.70 the very pivotal 50 DMA, which puts this in an unconfirmed warning phase

Russell 2000 (IWM) 159.42 is the 50-WMA-if breaks, expect to see weakness and fear. What will save this? It starts with a move back over 164.

Dow (DIA) 259.50 is the underlying 50-DMA support.

Nasdaq (QQQ) Looking more like a double top unless it can clear and close over the 50 DMA or around 182.30