04/08/2022

Mish Schneider | April 7, 2022

S&P 500 (SPY) Watch for second close over the 200-DMA 448.77. Russell 2000 (IWM) Watch for a close over 201. Dow (DIA) 343 needs to hold. Nasdaq (QQQ) 350 support area. KRE (Regional Banks) 65.46 level to clear and hold if KRE is going to make a comeback. SMH (Semiconductors) 237 next main support. In choppy area. IYT (Transportation) 243 - 245 support area. IBB (Biotechnology) 128.08 to hold. XRT (Retail) watch for a return to the 50-DMA at 77.55. GLD (Gold) 177 next support

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