04/28/2022

Mish Schneider | April 27, 2022

S&P 500 (SPY) 414 to hold. 410 support. Russell 2000 (IWM) 187 Pivotal. Dow (DIA) 326 next support area. Nasdaq (QQQ) 317 pivotal. KRE (Regional Banks) 63.80 now minor resistance level. SMH (Semiconductors) 237 new resistance. Needs to find support. IYT (Transportation) 239 support. IBB (Biotechnology) 118 support. XRT (Retail) More support at 70. GLD (Gold) Needs to get back over 176. USO (oil) Holding over the 50-DMA at 74.26. DBA (Agriculture) Holding upward trend could test the 50-DMA at 21.90

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