3/7/18

Lincoln Oehlers | March 6, 2018

S&P 500 (SPY) 268.00-268.50 big support. 272 pivotal and 275 significant resistance. Bottom line, unless this clears 275, the highs are getting lower.

Russell 2000 (IWM) 152 huge support. 154 pivtol and 156 resistance. Needs a second close over the 50 DMA to confirm the bullish phase.

Dow (DIA) Big Blue weak link-still in warning phase unless we get two closes over 252.70.

Nasdaq (QQQ) 168 pivotal. 163.50 the 50 DMA. And must clear back over 170 if good