3/12/2018

| March 10, 2018

S&P 500 (SPY) Most of the action was in the indices with a couple of exceptions like Netflix and of course SMH. Emerging markets are helping too. It looks like a case where SPY played catch up. Now, 275 important to hold and this needs another 3% run to match the all-time highs.

Russell 2000 (IWM) 160.63 the all-time highs. But whats even more important, is if it holds 156. As long as that level holds, this could consolidate and then blast off.

Dow (DIA) Looks like IYT-unconfirmed bullish phase. Needs a second close over 253 and miles to go to the highs

Nasdaq (QQQ) 170 support and resistance will be when this stops. Uncharted territory. Unless, it craps out Monday-that would be interesting

 

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