02/02/2023

Mish Schneider | February 1, 2023

S&P 500 (SPY) Still looking for the December highs 410.49 to clear with target 420. Russell 2000 (IWM) 190 now support and 202 major resistance Dow (DIA) 343.50 resistance and the 6-mont calendar range high Nasdaq (QQQ) 300 is now the pivotal area Regional banks (KRE) 64.00 resistance Semiconductors (SMH) Havent written Sister Semi’s on a tear for awhile Transportation (IYT) Also strong so these are good signs-234.74 Dec highs to hold Biotechnology (IBB) Multiple timeframes count and this has failed the 23

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