5/24/18

Lincoln Oehlers | May 23, 2018

S&P 500 (SPY) 270 pivotal. 272 nearest support to hold. Thru 274 looks a lot better

Russell 2000 (IWM) As per the commentary, IWM did gap lower, but filled the gap early on. Therefore, that negates the potential reversal candle and probably means the eventual move to target (160) back on. Unless, it breaks 160.90.

Dow (DIA) 245-250 trading range

Nasdaq (QQQ) 166.50 held and by the end of the day, it took out 169.50, the pivotal resistance. That will put FANG back in focus