March 17, 2020
By Mish Schneider
Since I did a comprehensive interview with Dale Pinkert of Forex Analytics early today, I thought you might enjoy a listen.
Here are some highlights from our time together.
And 9 more:
And as a bonus, March 13th I sat down with Shannah Game of Millennial Money to talk about preparing for a major sell off in your retirement accounts.
Russell 2000 (IWM) 110 is a key number. Notable is that it did not have an accumulation in volume
Dow (DIA) 211.83 pivotal number and over 219 could see 237
Nasdaq (QQQ) Inside day. Needs to clear 184.68 to keep running
KRE (Regional Banks) A low volume reversal so possible to see a move to 39 IF holds 32.25
SMH (Semiconductors) New low in this move early on-so a close over 112.44 could mean a move up near 121
IYT (Transportation) Scant volume but over 140 could see some pop
IBB (Biotechnology) 100.51 the 80-month MA with 95 key support
XRT (Retail) Maybe a move over 30.50 can get this going to 38?
Volatility Index (VXX) Fear persists
Junk Bonds (JNK) 94.31 super pivotal
LQD (iShs iBoxx High yield Bonds) 120 resistance and an inside day
Every day you'll be prepared to trade with: