7/23/18

Lincoln Oehlers | July 21, 2018

S&P 500 (SPY) Still far from the January highs at 286.63. Now, must hold 277.00

Russell 2000 (IWM) Let’s put it this way. If this does not move up over 170 and into new highs, then this was the rally to sell as it has made 3 lower highs and could not clear the reversal topping pattern from June 20th. 166 support.

Dow (DIA) 250 pivotal.

Nasdaq (QQQ) Broke 180 pivotal area. But unless it breaks 177.28 may not mean much.