03/31/2022

Mish Schneider | March 30, 2022

S&P 500 (SPY) 447 support. Russell 2000 (IWM) 209 pivotal. Dow (DIA) 350 support to hold. Nasdaq (QQQ) Could not hold the 200-DMA at 368.83. KRE (Regional Banks) With such a large selloff. Watch for a close under the 200-DMA. SMH (Semiconductors) 268 support. IYT (Transportation) Flirting with 274 the 200-DMA. IBB (Biotechnology) 127.67 the 50-DMA support. XRT (Retail) 78.06 to hold from the 50-DMA. GLD (Gold) 180.63 the 10-DMA to clear. USO (oil) Flirting with the 10-DMA at 77.74. DBA (Agriculture) 22.30 resistance area.

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