04/04/2022

Mish Schneider | April 3, 2022

S&P 500 (SPY) 447 support. Russell 2000 (IWM) 209 pivotal. Dow (DIA) 343 the 50-DMA. Nasdaq (QQQ) 348 next main support.  369 to clear. KRE (Regional Banks) confirmed caution phase with second close under the 200-DMA at 69. SMH (Semiconductors) Watch for second close under the 50-DMA at 266. IYT (Transportation) Large selloff does not look good. Watching for a breakdown into the 250 area. IBB (Biotechnology) 127 main support the 50-DMA. XRT (Retail) Back into a bearish phase with second close under the

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