01/30/2023

Mish Schneider | January 29, 2023

S&P 500 (SPY) SPY has crossed the 200-DMA and is now slightly above it, but is still a very narrow price range below to 50-DMA. Held pivotal support and now what was resistance is support at the 200-DMA and resistance is no longer 405, but 408 overhead. Russell 2000 (IWM) Filled the gap and continued to hold the 200-DMA and overhead resistance at 189 still. Closed at 189.58 resistance now 190.66 Dow (DIA) Back over

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