05/05/2022

Mish Schneider | May 4, 2022

S&P 500 (SPY) 50-DMA next resistance at 436.37. Russell 2000 (IWM) 199.26 resistance. Dow (DIA) 340.82 pivotal. Nasdaq (QQQ) 341.34 resistance. KRE (Regional Banks) 63.80 now support. SMH (Semiconductors) 253 resistance. IYT (Transportation) 255 resistance. IBB (Biotechnology) 126 resistance. XRT (Retail) 75 resistance. GLD (Gold) Needs to clear 177 next. USO (oil) 81.70 to clear. DBA (Agriculture) 22 pivotal

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