2/25/19

Lincoln Oehlers | February 23, 2019

S&P 500 (SPY) 280.40 the last December swing high before the crash. 276.00 is the important support to hold on a closing basis

Russell 2000 (IWM) November 8th high 157.90 is now pivotal. It’s also where the 200-DMA is. Since it managed to close above, 157.90 pivotal for Monday on a closing basis.

Dow (DIA) 260.30 was the last swing high before the crash. Friday high 260.40. Since it closed below both, we watch for weakness under 258.70 then 256.25. Otherwise, we hold steady.

Nasdaq (QQQ) 172.02 the 200-DMA pivotal.