12/12/18

Lincoln Oehlers | December 11, 2018

S&P 500 (SPY) 270.40 is the number this must clear to improve outlook. The 2018 low is 252.92 made in February.

Russell 2000 (IWM) 150 the big resistance-and this key index of the US economy made and closed on new low on the year

Dow (DIA) 233.20 is important support and the 2018 low made in April. And close under 240.50 would make that more likely.  251is the looming overhead resistance

Nasdaq (QQQ) Still needs to clear back over 166.50 and remains in bear phase