S&P 500 (SPY) 470-473 support Russell 2000 (IWM) 226.69 resistance. Dow (DIA) Holding highs. Nasdaq (QQQ) Bounced off 50-DMA at 393.34. KRE (Regional Banks) 75.76 next resistance level. SMH (Semiconductors) Held over the 10-DMA at 310.76. IYT (Transportation) 281.45 resistance. IBB (Biotechnology) 143.25 next support XRT (Retail) Lots of overhead resistance at 94 area. Junk Bonds (JNK) Was able to hold over the 50-DMA at 108.20. Still looks weak. SLV (Silver) 21.64 to clear. USO (US Oil Fund) 53.90 support. TLT (iShares 20+ Year Treasuries) Confirmed distribution phase.
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