01/04/2022

Aldrin Gonzales | January 3, 2022

S&P 500 (SPY) 470-473 support Russell 2000 (IWM) Able to clear over 224 resistance. Needs to clear the 50-DMA next. Dow (DIA) Confirmed bullish phase with second close over the 50-DMA at 356.43. Nasdaq (QQQ) 404.58 to 408.71 resistance. KRE (Regional Banks) Watch for second close over the 50-DMA at 71.89. SMH (Semiconductors) 318.82 to clear. IYT (Transportation) Showing consolidation over 274. IBB (Biotechnology) Needs to clear 155. XRT (Retail) Lots of overhead resistance at 94 area. Junk Bonds (JNK) Doji day. Held over the

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