6/03/19

Aldrin Gonzales | June 2, 2019

S&P 500 (SPY) 277 turned out the resistance on the gap lower. More importantly, this is the first week in 2019 that this closed under the 50-WMA. Now also in an unconfirmed Distribution phase Subscribers: Negative Pivots in all Russell 2000 (IWM) Some support around 145. Better at 138. And resistance now at 148.40 Dow (DIA) All four indices are now below their 50-WMA. Let’s call 250 pivotal Nasdaq (QQQ) In an unconfirmed Distribution phase

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