3/14/19

Lincoln Oehlers | March 13, 2019

S&P 500 (SPY New swing high at 282.39 yet closed under the old swing high 281.87. That means a close under 280 tomorrow can be considered a key reversal

Russell 2000 (IWM) Still pivotal as this did not close over 155.60. 154 support and big pivotal area. Weaker than SPY so unless it can clear, warning

Dow (DIA) Use 256 as the immediate pivotal are for Thursday. Then some Support at 255. Resistance at the 10-DMA, 258 then more at 259.

NASDAQ (QQQ) Like SPY new high on this run. That makes a close under today’s low 176.35 suspicious. 178.26 resistance.