03/24/2022

Mish Schneider | March 23, 2022

S&P 500 (SPY) 446 to hold. Russell 2000 (IWM) 209 to clear.  201 minor support. Dow (DIA) Broke the 50-DMA at 344. Nasdaq (QQQ) 350 to hold. The 50-DMA. KRE (Regional Banks) 69.28 the 200-DMA. SMH (Semiconductors) 273.69 resistance. IYT (Transportation) 270.60 resistance. IBB (Biotechnology) Needs to get back over the 50-DMA at 128.50 or could easily break down towards 120. XRT (Retail) 80 resistance. GLD (Gold) Closed over the 10-DMA at 181.47. USO (oil) 75 support area. DBA (Agriculture) 21.63 support

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