01/03/2025

Mish Schneider | January 2, 2025

(Pivotal means short-term bullish above that level and bearish below)  S&P 500 (SPY) 580 support-caution phase  Russell 2000 (IWM) 213-217 support-caution phase  Dow (DIA) Looks weakest. 420 pivotal support-caution phase  Nasdaq (QQQ) 504 support and now in an unconfirmed caution phase  Regional banks (KRE) 65 resistance 58 support  Semiconductors (SMH) 235-240 range to watch  Transportation (IYT) 66 key support  Biotechnology (IBB) 130 major support  Retail (XRT) 78 support   iShares iBoxx Hi Yd Cor Bond ETF (HYG) While this had a good

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