5/16/19

Aldrin Gonzales | May 15, 2019

S&P 500 (SPY) Confirmed the caution phase. That makes 285.93 the 50-DMA super pivotal with 277.30 the 200-DMA next support

Russell 2000 (IWM) 155.30 resistance while in a confirmed distribution phase, 150 is the next support area.

Dow (DIA) This managed to clear the 200 DMA at 254.27 and improve in phase to an unconfirmed caution phase

Nasdaq (QQQ) The 50-DMA is at 183 now pivotal.