9/11/19

Aldrin Gonzales | September 10, 2019

S&P 500 (SPY) 300 will be the resistance with ATH 302.23. Support at 296.64 ultimately held after initial selling. Still looks good on the daily chart.

Russell 2000 (IWM) The 200 DMA and 50-WMA at 152.15 cleared and this went into an unconfirmed bullish phase. We need a second close over 152.02. And over today’s highs next resistance is at 155.

Dow (DIA) 265.86 is the 50-DMA which is now the number to hold. 270 area resistance to clear

Nasdaq (QQQ) 189.15 the 50-DMA was tested and held. Thru 190.55 should continue the rally with the highs at 195.55