05/17/2023

Mish Schneider | May 16, 2023

S&P 500 (SPY) 23-month MA 420 Support 410 then 405 Russell 2000 (IWM) 170 support - 180 resistance Dow (DIA) 328 big support to hold Nasdaq (QQQ) 329 the 23-month MA and big caps trying hard Regional banks (KRE) 42 now pivotal resistance-holding last Thurs low Semiconductors (SMH) 23-month MA at 124-can it hold next 2 weeks? Transportation (IYT) 202-240 biggest range to watch Biotechnology (IBB) 121-135 range to watch from monthly charts Retail (XRT) 56-75 trading range to break one way or

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