03/20/2023

Mish Schneider | March 19, 2023

S&P 500 (SPY) 390 pivotal and 380 support Russell 2000 (IWM) Still weak comparatively-170-180 range now Dow (DIA) 310 support 324 resistance Nasdaq (QQQ)  328 is the 23-month MA resistance-300 support Regional banks (KRE) 44 support 50 resistance-still looks like lower in store Semiconductors (SMH) 255.64 last month’s high. 248 nearest support Transportation (IYT) Clutch hold 218 and needs to clear 224 weekly close Biotechnology (IBB) Closed inside the prior week’s trading range Retail (XRT)

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