02/28/2020

Aldrin Gonzales | February 27, 2020

S&P 500 (SPY) If closes the week over 302.15 we have an interesting setup for next week. If not, we will need to see some capitulation low. Russell 2000 (IWM) 146.67 the 200-week moving average Dow (DIA) Needs a capitulation reversal day Nasdaq (QQQ) 196-198 support KRE (Regional Banks) 48 support SMH (Semiconductors) 124.26 the 200-DMA IYT (Transportation) 162 best support I see til the capitulation happens IBB (Biotechnology) Nothing is immune in this type

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