02/11/2022

Mish Schneider | February 10, 2022

S&P 500 (SPY) Watch to hold 200-DMA at 444. Russell 2000 (IWM) 203.90 failed to hold. Dow (DIA) 350 support. Nasdaq (QQQ) 362 support to hold. KRE (Regional Banks) 74 area to hold. SMH (Semiconductors) 270 support. IYT (Transportation) 269 support. IBB (Biotechnology) Flirting with the 10-DMA at 131.80. XRT (Retail) Held the 10-DMA at 80.42. Junk Bonds (JNK) Broke recent support. Looks terrible! SLV (Silver) 21.08 support. USO (US Oil Fund) Continues to hold over the 10-DMA at 63.43 as minor support area. TLT

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