09/01/2020

Aldrin Gonzales | September 1, 2020

S&P 500 (SPY) Traded from its HOD to LOD in the last 10 min. making the daily chart look worse than intra-day action suggested. Consolidation day. 340 then 335 are important support.

Russell 2000 (IWM) Closed under 10 DMA and PDL.  Needs to close over 157.50 to look good. Support at 155 area, then swing low is 153.60

Dow (DIA) Closed under PDL. Resistance at 290.  Support at 280.

Nasdaq (QQQ) New high. Support at 292.50 area then 285 is 10 DMA