02/23/2022

Mish Schneider | February 22, 2022

S&P 500 (SPY) Needs to clear 435.50. Russell 2000 (IWM) 195 next support. Dow (DIA) 333 low needs to hold. Nasdaq (QQQ) 334 support. KRE (Regional Banks) 72.93 the 50-DMA to hold. SMH (Semiconductors) 261 to hold. IYT (Transportation) 254 support area. IBB (Biotechnology) 122.50 low to hold. XRT (Retail) Broke under main support at 75.62. Junk Bonds (JNK) Needs to clear the 10-DMA at 103.55. SLV (Silver) 22.53 resistance. USO (US Oil Fund) 66.88 minor resistance. TLT (iShares 20+ Year Bonds) Made second close over the 10-DMA

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