9/06/19

Aldrin Gonzales | September 5, 2019

S&P 500 (SPY) Well, it sure gapped over 294. Now, that is the bottom-line support. 300 will be the resistance with ATH 302.23

Russell 2000 (IWM) 148.00 is rock bottom support. 150 closer support. Now, it needs to close over the 50-DMA at 150.78 and ideally close over the 200 DMA and 50-WMA at 152.15.

Dow (DIA) 265.68 is the 50-DMA which is now the number to hold. 270 area resistance to clear

Nasdaq (QQQ) 189 the 50-DMA cleared making that the key support. We knew this would be the strongest, so now it must continue to lead with all time high 195.55