03/15/2023

Mish Schneider | March 14, 2023

S&P 500 (SPY) 390 remains highly pivotal especially on a closing basis Russell 2000 (IWM) Calendar range support level at 172.00 and resistance 180 Dow (DIA) 310 support 324 resistance Nasdaq (QQQ) 290 the 50-DMA support 294 the 50-WMA resistance Regional banks (KRE) Tested near the 50 resistance level and colosed just slightly above 44 support Semiconductors (SMH) 240 pivotal support-strongest yet still below the 2-yr biz cycle Transportation (IYT) Confirmed Distribution Phase and weak

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