9/11/2017

Geoff Bysshe | September 10, 2017

S&P 500 (SPY) Consolidation day. Look for support at 245.75. Resistance at 247.30 and then needs to close well over 248 to get going, and watch the all-time high of 248.91.

Russell 2000 (IWM) Consolidation day. Still in Warning Phase. 138.45 is important support to hold and then 137.25 and 136.25. Resistance at now at 140.70 and then 142.30.

Dow (DIA) Consolidation day. Closed under 10 MA for last three days with support at 216.60. Resistance at 219.50 and then 220.

Nasdaq (QQQ) Weak day, but still consolidating. Look for support around 143.60 and 142.40 Resistance is at 146 and then the highs at 146.60.

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