03/05/2021

Aldrin Gonzales | March 4, 2021

S&P 500 (SPY) A second close under the 50-DMA at 380.86 will confirm a caution phase. Russell 2000 (IWM) closed just over 212 support area. Dow (DIA) Sitting on the 50-DMA at 309.57. Nasdaq (QQQ). 297.46 next support. KRE (Regional Banks) 63.65 support. SMH (Semiconductors) Confirmed caution phase with second close under 50-DMA at 234.78. IYT (Transportation) 226.86 support the 50-DMA IBB (Biotechnology) Next main support the 200-DMA at 143.15 XRT (Retail) 85.69 resistance.  75.05

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