01/09/2025

Mish Schneider | January 8, 2025

(Pivotal means short-term bullish above that level and bearish below)   S&P 500 (SPY) Confirmed warning phase on daily chart  Russell 2000 (IWM) 220 so far holding  Dow (DIA) 422 pivotal support  Nasdaq (QQQ) Holding the 50-DMA still  Regional banks (KRE) 65 resistance 58 support   Semiconductors (SMH) 260 super pivotal  Transportation (IYT) 68 support and 70 resistance  Biotechnology (IBB) 135 now pivotal    Retail (XRT) Granny needs to get back over 80.50 and hold Jan lows    iShares iBoxx Hi Yd

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