08/21/2020

Aldrin Gonzales | August 20, 2020

S&P 500 (SPY) All-time high resistance at 339 area. Watch 335 as important support.

Russell 2000 (IWM)  Closed under 10 DMA.  Key level to break above is 158, then 160 is resistance area. Sitting on the 10 DMA. 153 is key support lower.

Dow (DIA) Close on 10 DMA. Today’s low is pivotal support

Nasdaq (QQQ) New high. 275 is pivotal area. 260 is key support level and a trendline.