5/23/18

Lincoln Oehlers | May 22, 2018

S&P 500 (SPY) 270 pivotal. 272 nearest support to hold. 274 resistance tried to clear, but like the rest of the indices, failed from there.

Russell 2000 (IWM) 160 pivotal support. A nasty reversal but at least on low volume. A gap below will bring some panic selling unless it can close above 161.63, today’s low.

Dow (DIA) Tried 250 but failed. 245 support to hold

Nasdaq (QQQ) 166.50 needs to hold with 169.50 pivotal resistance to clear-got right there yesterday and within 5 ticks from it today.