Lincoln Oehlers | November 8, 2018

S&P 500 (SPY) Confirmed the warning phase, the 200 DMA support line is at 276.07. The 50-WMA this now recaptured is lower at 275.16. Next resistance is the 50 DMA above at 283. Subscribers: Positive Pivots in all QQQs more neutral Russell 2000 (IWM) 160.73 is the overhead 200 DMA, which corresponds with the 50-WMA at 159.60. Under 155, I’d get more cautious. Dow (DIA) 258.70 is the 50-DMA support this must hold Nasdaq (QQQ)

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