9/7/18

Lincoln Oehlers | September 6, 2018

S&P 500 (SPY) No more runaway gap. That does not make for a bearish scenario though. What we will look for now is support around 286.50 to hold with a move back over 289 better

Russell 2000 (IWM) 170 big support to hold.

Dow (DIA) 259 pivotal support to hold

Nasdaq (QQQ) 179.50 is the 50 DMA to hold. However, this is the one index most vulnerable as it had a legitimate reversal pattern after making new all-time highs last week. If it can get back over 184.25 area, way better