S&P 500 (SPY) 277 resistance to clear. Confirmed Distribution phase-next support area 271.50.
Russell 2000 (IWM) Support around 145. Better at 138. And resistance at 148.40
Dow (DIA) 250 pivotal
Nasdaq (QQQ) Confirmed Distribution phase 167.45 support. Over 174.54 could give it a bounce
KRE (Regional Banks) 49.00 some support with 51.40 the big overhead resistance
SMH (Semiconductors) 101.07 the 200-DMA resistance to clear but better if it clears 101.72 the 50-WMA. Support at 97.61, this past week’s low
IYT (Transportation) 178 resistance with 167.50 the best support
IBB (Biotechnology) Some news boosted this above 100. However, the move today was not enough for a bonafide reversal pattern
XRT (Retail) 40.00 held -perhaps due for a dead cat bounce.
GLD (Gold Trust) Gapped above the 124 resistance, now support.
GDX (Gold Miners) We are in
SLV (Silver) The ratio flipped a little so watching carefully.
URA (Uranium) Cleared 11.68-if sticks could see a rally to around 12.10
USO (US Oil Fund) 10.77 support
TAN (Solar Energy) 25.64 near-term support
TLT (iShares 20+ Year Treasuries) 130.81 support
UUP (Dollar Bull) 26.14 the 50-DMA
EEM (Emerging Markets) 41.65 resistance
INDA (India) 38.21 all time highs with today’s gap, 36.30- number to hold
GBTC (Bitcoin Grayscale Bitcoin Trust) If this holds today’s low and especially 10.77, could go up again
MJ (Alternative Harvest ETF) Like to see 30.00 hold
WEAT (Teucrium Wheat Fund) 5.50 now pivotal
JO (Coffee) Sold off today with support at 34.50-35.00
CANE (Sugar) 7.00 pivotal
Soybeans (SOYB) Over 15.65 move should continue
DBA (Agriculture) 16.50 major pivotal area