Price Levels in Indices and Key Sectors Only

January 9, 2020

Mish's Daily

By Mish Schneider

blankPhoto by my friend JR Lancaster

Tonight, we look at the levels in the indices and my Economic Modern Family.

Without commentary from me, the charts and price speak volumes.


Here is a link to my RealVision segment.

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S&P 500 (SPY) 323.31 pivotal. 326.73 the ATH. 320 key.

Russell 2000 (IWM) Must clear 167.12 with 165.55 pivotal and 163.70 support

Dow (DIA) All-time high 289.84 with 286.66 pivotal

Nasdaq (QQQ) ATH at 219.41. 214.97 pivotal support

KRE (Regional Banks) 56.70 the 50-DMA support 58.00 resistance

SMH (Semiconductors) ATH at 145.21 with 142.62 pivotal. Below 140, could see move to 135.

IYT (Transportation) 195 pivotal area. 200 key resistance.

IBB (Biotechnology) 121.75 resistance and 115.50 support

XRT (Retail) 45.41 pivotal. 46-47 resistance. 44.70 the 50-DMA

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