01/21/2022

Mish Schneider | January 20, 2022

S&P 500 (SPY) 441 the 200-DMA. Russell 2000 (IWM) Watching to find support. Dow (DIA) Watch to hold over 346. Nasdaq (QQQ) 350 next support area. KRE (Regional Banks) sitting on 50-DMA at 72.72. SMH (Semiconductors) 269.07 the 200-DMA. IYT (Transportation) 258 next support level. IBB (Biotechnology) 128 major support XRT (Retail) Watching to find support. Junk Bonds (JNK) 106.50 key SLV (Silver) 22.83 to clear. USO (US Oil Fund) 58 support TLT (iShares 20+ Year Treasuries) 140 support. DBA (Agriculture) 20.37 resistance area.

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