05/02/2024

Mish Schneider | May 1, 2024

S&P 500 (SPY) Still in a caution phase-500 now support 511 the 50-DMA resistance Russell 2000 (IWM) Still in a caution phase-190 support 200-202 resistance Dow (DIA) Still in a caution phase 380 support 388 resistance Nasdaq (QQQ) Still in a caution phase 430 pivotal Regional banks (KRE) 45-50 range Semiconductors (SMH) Still in a caution phase 204 Support 220 resistance Transportation (IYT) 63 support 67 resistance *Biotechnology (IBB) The winner today as it cleared

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