8/09/19

Aldrin Gonzales | August 8, 2019

S&P 500 (SPY) Support at 291 then Thursday’s low, 289. Big support area is 280 to 277.70 (the 200 DMA). Resistance at 295.

Russell 2000 (IWM) Support at 200 DMA 150 then Thursday’s low, 150. Next big support is 145.30. Resistance at 50 DMA 153.40

Dow (DIA) Support at 262.40 then Thursday’s low, 260.58. Next support levels are 252.50 and 247. Resistance at 50 DMA around 265.

Nasdaq (QQQ) Support at 262.40 then Thursday’s low, 184.57 Swing low is at a trendline from the December 2018 low. Resistance at 190.70.