2/9/2018

Mish Schneider | February 7, 2018

S&P 500 (SPY) 266-267 is pivotal. And if that breaks, consider the ultrashort SDS.

Russell 2000 (IWM) Yesterday’s potential reversal bottom did not pan out. Now, under 145, leopard food.

Dow (DIA) Tried hard to clear the 50 DMA but could not. Under 240, the leopard grows fatter

Nasdaq (QQQ) 158.35 is the weekly moving average that has not seen a week close below since November 2016. I’d make note of that.