5/30/19

Aldrin Gonzales | May 29, 2019

S&P 500 (SPY) 277 or where the MAs sit essentially held for today. Now, it must show us it can at least get back over 280.

Russell 2000 (IWM) Would have preferred to see this close over 148.41 the March low. At least it bounced from today’s low at 147.36. 150 pivotal now

Dow (DIA) This failed 253.44 is the 50-week MA. The Dow is the second but not the last index to break that level. Now 253.44 is the place to clear

Nasdaq (QQQ) Held 174.40-174.60 the underlying MAs. So if there is going to be any pockets of strength, it will be in this index, especially if it can clear 177.50