8/12/19

Aldrin Gonzales | August 11, 2019

S&P 500 (SPY) Consolidation day right under 50 DMA. Support at Thursday’s low, 289. Big support area is 280 to 277.70 (the 200 DMA). Resistance at 295. Russell 2000 (IWM) Straddling the 200-DMA. Support at Thursday’s low, 150. Next big support is 145.30. Resistance at 50 DMA 153.40 Dow (DIA) Support at Thursday’s low, 260.58. Next support levels are 252.50 and 247. Resistance at 50 DMA around 265. Nasdaq (QQQ) Straddling 50 DMA. Support at Thursday’s low, 184.57

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