Good Morning Again!

Here are the levels I am watching on the S&P500, the Russell 2000, and the Dow Transports ETF (IYT).

SPX Support: 1320, 50 day moving average (yellow line), 1310, 1300.  

SPX Resistance: 1340, 1345.  

I still see a potential final SPX upside target somewhere between 1380 and 1450.

RUT Support: 830, 50 dma (yellow line), 800

RUT Resistance: 860

Remember, the Russell 2000 made an all-time high last week at 860, as such that is my reference point of resistance.

IYT Support: 94, 50 dma (yellow line), 91.50

IYT Resistance:  98

Share Button