5/8/18

Lincoln Oehlers | May 7, 2018

S&P 500 (SPY) A tease, it failed to take out the resistance at 268. Now, 264 pivotal support we want to see hold

Russell 2000 (IWM) Also ran right into the 158 resistance with 160 the double top to clear. That means this must hold 154 or we are looking like yet another test to recent lows.

Dow (DIA) Over 245 better.

Nasdaq (QQQ) Also tested resistance today at 167 but did at least confirm the bullish phase. That makes 164.10 huge to hold