3/5/18

Lincoln Oehlers | March 3, 2018

S&P 500 (SPY) Closed over 268.50, the weekly exponential MA. Depends on where it opens but will use that as either support or resistance. Below next is 266. Above is 272.

Russell 2000 (IWM) 152 now pivotalbut 154 is where the true test lies.

Dow (DIA) This did close beneath the exponential MA (246.68) that SPY closed above. Big Blue is not the place to be right now

Nasdaq (QQQ) Ultimately held the 50 DMA. 166.45 resistance now and 163.22 pivotal support