01/31/2023

Mish Schneider | January 30, 2023

S&P 500 (SPY) Resistance met and price retreated 390-400 to hold.

Russell 2000 (IWM) More worrisome as we had a glass ceiling high. Could mean a visit to 177 if cant clear Fri highs

Dow (DIA) Gentler correction which has bode well for the industrials since December

Nasdaq (QQQ) Like IWM a glass ceiling high. 280 not crazy to see