2/6/2018

Lincoln Oehlers | February 5, 2018

S&P 500 (SPY) I’m going out on a limb to say that 254-56 is the place to start buying again.

Russell 2000 (IWM) Here it’s 145.

Dow (DIA) 230-231 should hold. As with all the indices, a bounce could last a few days. That’s different than a bottom. Will look for more clues in the days ahead

Nasdaq (QQQ) Believe it or not, this still is the leader as it landed right on that key weekly moving average. Under 158, never mind. Through 161, way better.