01/27/2025

Mish Schneider | January 26, 2025

(Pivotal means short-term bullish above that level and bearish below)   S&P 500 (SPY) 599.70 major support after the new All-time highs  Russell 2000 (IWM) 227 now must hold  Dow (DIA) 436 support  Nasdaq (QQQ) 528 the calendar range high cleared now must hold  Regional banks (KRE) A move over 64.25 better  Semiconductors (SMH) 260 now support as this takes the lead in the Family-again  Transportation (IYT) 71.16 important to hold  Biotechnology (IBB) 137 key to clear

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