Aldrin Gonzales | May 23, 2019

S&P 500 (SPY) Around 277 is where the next major moving averages sit. Subscribers: Negative Pivots in all Russell 2000 (IWM) The 3/25 low was 148.41. Significant? Only if it holds Dow (DIA) 253.40 is the 50-week MA. If that fails, besides IWM, it will be the second but not the last index to break that level. Nasdaq (QQQ) If this cannot get back over 179.75, then 174.40-174.60 is the test of the underlying MAs.

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