7/25/18

Lincoln Oehlers | July 24, 2018

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

Russell 2000 (IWM) 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 held in the clutch today.

Dow (DIA) 250 pivotal.

Nasdaq (QQQ) 180 pivotal. And if tomorrow closes under 179.56, the low Tuesday, expect more weakness.