04/21/2022

Mish Schneider | April 20, 2022

S&P 500 (SPY) 445 pivotal. Russell 2000 (IWM) 201.69 flirting with the 50-DMA. Dow (DIA) 350 pivotal. Nasdaq (QQQ) Major failure of the 50-DMA at 346.96. KRE (Regional Banks) 66.85 to hold. SMH (Semiconductors) Needs to stay over 247. IYT (Transportation) 243 minor support. Has lots of resistance ahead. IBB (Biotechnology) Needs to hold over 128. XRT (Retail) Watch to stay over 50-DMA at 77.03 GLD (Gold) support the 50-DMA at 180 USO (oil) 76.10 the 10-DMA. DBA (Agriculture) 22.39 to hold

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