01/28/2022

Mish Schneider | January 27, 2022

S&P 500 (SPY) 442.29 the 200-DMA to clear. Russell 2000 (IWM) Needs to hold over 191.23 Dow (DIA) 340 needs to hold. Nasdaq (QQQ) 334 support. KRE (Regional Banks) Watching for 68.72 the 200-DMA to hold over. SMH (Semiconductors) 248 next support area. IYT (Transportation) 248.85 support. IBB (Biotechnology) 122.94 minor support. XRT (Retail) 75.62 low to hold. Junk Bonds (JNK) Needs to find support. SLV (Silver) 20.35 next support area. USO (US Oil Fund) 58 support TLT (iShares 20+ Year 140 support. DBA (Agriculture) 20.37 resistance area.

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