October 9, 2019
Mish's Daily
By Mish Schneider
Thus far, an inside trading week (or prices within last week’s trading range) prevails.
S&P 500 (SPY) 290 now pivotal support with 293.40 the overhead 50-DMA resistance
Russell 2000 (IWM) Inside day. 146 key support with 149 overhead resistance
Dow (DIA) 264.50-265 resistance with 260 closest support
Nasdaq (QQQ) 185 support. 188.24 resistance
KRE (Regional Banks) 50.00 support 51.45 resistance
SMH (Semiconductors) 118 now pivotal support with 119.62 then 120.50 resistance
IYT (Transportation) 175 the big support level and 181.25 resistance
IBB (Biotechnology) 95 support 100 resistance
XRT (Retail) 41.00 50-DMA pivotal support
Every day you'll be prepared to trade with: