S&P 500 (SPY) 270 now support. And it was just last week we were looking at 276 resistance-that is the 200 DMA and 50 WMA-key to clear or not
Russell 2000 (IWM) Still by far the weakest which is concerning. 160 is to IWM as 193.75 is to IYT. What does that tell us? If IWM can get there, that’ll be the time to go short. And if it cannot get there, under 193.75 in IYT by week’s end, also a place to short
Dow (DIA) 251 the 200 DMA pivotal support
Nasdaq (QQQ) 164.50 now support. If this cannot close the week out over 170.60, trouble still looms
