3/26/19

Lincoln Oehlers | March 25, 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. Monday, some digestion. Measured move is to 257 area.

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

Dow (DIA) 253.35 is the rising 50 DMA to hold

Nasdaq (QQQ) 178.45 first area to clear if this is to have some upside. Otherwise, measured move down to 164.