05/13/2022

Mish Schneider | May 12, 2022

S&P 500 (SPY) Needs to clear 395.80. Russell 2000 (IWM) 174.34 to clear. Dow (DIA) 322 resistance to clear. Nasdaq (QQQ) 309-317 resistance. KRE (Regional Banks) Watching for Thursdays low to hold at 58.75. SMH (Semiconductors) 230 minor resistance to clear. IYT (Transportation) 239 resistance. IBB (Biotechnology) 115-118 resistance area. XRT (Retail) 70 resistance. GLD (Gold) Could not hold 200-DMA at 171.49. USO (oil) 82.41 to clear. DBA (Agriculture) Interesting over 22

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