8/1/2017 index ETFs update

SP500 ETF: SPY

1. Both breadth and volume oscillators start to turn north
2. The PMO buy signal turn north too (a buy signal)
3. oscillators signals and PMO buy signal align together now
4. daily buy signal comes back again
5. buyers entry: 246.7, 245.68, 244.5
6. sellers entry: 247.5, 248, 250

Nasdaq 100 ETF: QQQ

1. Both breadth and volume oscillators start to turn north
2. daily buy signal comes back.
3. upside target: 144.5, 145, 145.5, 146, if break out 149.
4. downside target: 143, 142.5, 142, 141.5

SPDR Dow Jones Industrial Average ETF: DIA

1. both breadth and volume oscillators keep moving up.
2. daily buy signal still exist
3. the strongest one in all index ETFs
4. buy entry/support: 218, 217.75, 217, 216.5, 215
5. upside target: 221

Russell 2000 ETF: IWM

1. The small cap ETF is weakest in last 4 trading days, both breadth and volume oscillators reverse back down again, however, it may reach the bottom soon
2. hourly, 2 hours and 4 hours buy signal still exist, daily sell signal still exist, but almost bottom out (how to read this part, if hours' signals cannot reverse the daily signal, then the daily sell signal will prevail and hours signals will follow daily signal)
3. support: 141, 140, 139
4. resistance:  142, 144