5/14/19

Aldrin Gonzales | May 13, 2019

S&P 500 (SPY) Went into an unconfirmed caution phase. That makes 285.73 the 50-DMA super pivotal with 277.30 the 200-DMA next support

Russell 2000 (IWM) 155.30 now resistance while in an unconfirmed distribution phase, 150 is the next support area.

Dow (DIA) 254.22 the 200-DMA and now pivotal area to clear or not. Plus, in an unconfirmed distribution phase with next support at 252.46 the March 11 low.

Nasdaq (QQQ) The 50-DMA is at 182.74 now resistance as this went into an unconfirmed caution phase. 174.30 is the underlying 200-DMA.