6/11/19

Aldrin Gonzales | June 10, 2019

S&P 500 (SPY)Most of the most important instruments rallied right into resistance today. SPY though, cleared it. Does that matter? Only if the others play catch up and quick. 286.90 the 50-DMA is super pivotal.

Russell 2000 (IWM) 152.75-153.35 is where the resistance lies. 151.65-the high 2 weeks ago-is pivotal and 149 the support

Dow (DIA) 260.10 the ever so important pivotal level.

Nasdaq (QQQ) After running up over it, this closed under 183.41 the 50-DMA. And, if this cannot hold 179.75, look for a move back down to around 175.