08/24/2020

Aldrin Gonzales | August 23, 2020

S&P 500 (SPY) All-time high resistance at 339.61 area. Watch 335 as important support.

Russell 2000 (IWM)  Continued lower afer a break under 10 DMA.  Key level to break above now 10 DMA area of 157, then 160 is resistance area. Bounced off the 20 DMA. 153 is key support lower.

Dow (DIA) Flag to under the 10 DMA turned up. If if moves higher it to continue.

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