01/19/2023

Mish Schneider | January 18, 2023

S&P 500 (SPY) Jan calendar range reset day 1 and SPY fails the 200 and 50-DMA

Russell 2000 (IWM) In better shape than SPY but still a nasty reversal and must hold 180

Dow (DIA) Back under the 50-DMA as industrials lose ground

Nasdaq (QQQ) Sitting just under the 50-DMA-and never cleared the 200-WMA