02/07/2023

Mish Schneider | February 6, 2023

S&P 500 (SPY) Target 420 with 390-400 support Russell 2000 (IWM) 190 now support and 202 major resistance Dow (DIA) 343.50 resistance and the 6-month calendar range high Nasdaq (QQQ) 300 is now the pivotal area Regional banks (KRE) 65.00 resistance Semiconductors (SMH) 246 is the 23-month moving average-it failed it Monday on low volume Transportation (IYT) The 23-month MA is 244-now resistance Biotechnology (IBB) Sideways action Retail (XRT) 78.00 the 23-month MA resistance and

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