01/06/2025

Mish Schneider | January 5, 2025

(Pivotal means short-term bullish above that level and bearish below)

S&P 500 (SPY) Good end to the week, but still in a caution phase

Russell 2000 (IWM) 213-217 support-caution phase until it clears 230

Dow (DIA) 420 pivotal support-caution phase and an inside day Friday

Nasdaq (QQQ) Held up the market and the 50-DMA-now must hold 511 phase