08/25/2020

Aldrin Gonzales | August 24, 2020

S&P 500 (SPY) All-time high. 340 then 335 are important support.

Russell 2000 (IWM) Closed over PDH. 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 broke out to new swing high.

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