03/03/2022

Mish Schneider | March 2, 2022

S&P 500 (SPY) 445.30 Next resistance. Russell 2000 (IWM) 208-209 resistance. Dow (DIA) Flirting with the 10-DMA at 338.62. Nasdaq (QQQ) 350 to clear. KRE (Regional Banks) Very choppy price action. Needs to clear and hold over 74. SMH (Semiconductors) 273 to clear. IYT (Transportation) Tested the 200-Day moving average at 261.84. IBB (Biotechnology) Flirting with the 10-DMA at 125.50. XRT (Retail) 75 support. Junk Bonds (JNK) Watch to hold the 10-DMA at 103.59. SLV (Silver) 22.50 support area. USO (US Oil Fund) Flying. 77.91 80-month moving

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