3/15/19

Lincoln Oehlers | March 14, 2019

S&P 500 (SPY) Inside day, which makes sense given the confusing influences in the market.  New swing high recently at 282.39. Could not close above the old swing high 281.87. That means a close under 280 tomorrow can be considered a key reversal

Russell 2000 (IWM) 155.60 remains pivotal resistance. Weaker than SPY, 154 support to hold especially on a closing basis for the week.

Dow (DIA) Another inside day like SPY. Use 256 as the immediate pivotal point for Friday. A close below weak, a move and close above 258.07 better

NASDAQ (QQQ) Inside day here too. Puts 176.35 as support to hold especially on a closing basis and same for 177.93 above.