05/04/2021

Aldrin Gonzales | May 3, 2021

S&P 500 (SPY) Resistance 420.72. Russell 2000 (IWM) Resistance 230.95. Dow (DIA) Needs to clear 342.43. Nasdaq (QQQ) 333.97 support. KRE (Regional Banks) Support 67.32. SMH (Semiconductors) Broke support from the 50-DMA at 242. IYT (Transportation) New highs. IBB (Biotechnology) 153.28 pivotal. XRT (Retail) 96.27 resistance. Volatility Index (VXX) 38 recent low. Junk Bonds (JNK) Watching 50-DMA to hold as support at 108.52. XLU (Utilities) Back over the 10-DMA at 66.54 SLV (Silver)  Like to see this hold over 24.74. VBK (Small Cap Growth ETF) Next support

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