3/25/19

Lincoln Oehlers | March 22, 2019

S&P 500 (SPY) Thursday a new swing high. Friday, a failure of Thursday’s low and a topping pattern on high volume in place. Measured move is to 257 area. Subscribers: Negative Pivots in all

Russell 2000 (IWM) 151.60 now resistance with support at 148.20, then 145.

Dow (DIA) 253 is the rising 50 DMA to hold

Nasdaq (QQQ) Could not hold 181 on a closing basis so looks like a reversal top.  Measured move to 164.