S&P 500 (SPY) Confirmed warning phase-320.74 now key resistance with 307.75 support Russell 2000 (IWM) Unconfirmed Distribution phase-remember what that means? A distribution of equities into cash-156.67 super pivotal Dow (DIA) Unconfirmed distribution phase 272.43 pivotal Nasdaq (QQQ) Unconfirmed caution phase with now 220.77 pivotal resistance KRE (Regional Banks) UGLY-remember this? SMH (Semiconductors) 136.96 the 4-week low now pivotal resistance 128 support IYT (Transportation) 177.40 the 200—WMA. IBB (Biotechnology) 117.35 key pivotal area-if clears then
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