3/19/19

Lincoln Oehlers | March 18, 2019

S&P 500 (SPY) Made another new swing high today at 282.66. Today’s low 281.30 now must hold on a closing basis.

Russell 2000 (IWM) 154 is the best nearby support level to hold. 157.45 is the 200 DMA resistance to clear as this is the only holdout of the 4 indices still below the 200-DMA.

Dow (DIA) 257 is the underlying support. 260 the pivotal resistance

Nasdaq (QQQ) New swing high today at 178.99. Has to hold/close over 177.59