02/11/2020

Aldrin Gonzales | February 10, 2020

S&P 500 (SPY) Closed at new all-time highs. 330 is pivotal with support at 327.87  Russell 2000 (IWM) Sitting on the 50-DMA at 164.68. Prior daily high resistance at 166.36 then gap to 166.76.  If breaks today’s low, 164 area is next support. Dow (DIA) 294.14 the all-time high and 289 underlying support Nasdaq (QQQ) Strong move to new. Must hold 228. KRE (Regional Banks) Sitting on 10-DMA. Needs to get back over 56. SMH (Semiconductors) Sitting on 10-DMA, but

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