7/01/19

Aldrin Gonzales | June 30, 2019

S&P 500 (SPY) Key support areas are 290 and 287.80 which is price level and 50-DMA. Resistance at 293.50 and 294.50. New high is 296.31

Russell 2000 (IWM) Nice strong follow through day that stopped at the prior swing high. A break over 156.22 is a new swing high. Near-term support at 153 and then 150.50.

Dow (DIA) 267 is close resistance.  Until a close over 268 look out for more weakness. 264 may offer support, but the bigger number is 263.

Nasdaq (QQQ) Three narrow range or inside days with interesting low around 185.50 support. Needs to break over 188 resistance. 183.80 is support and 50-DMA.