05/19/2021

Aldrin Gonzales | May 18, 2021

S&P 500 (SPY) If cannot hold 410. Then 406 next. Russell 2000 (IWM) Support 215. Resistance 223.19. Dow (DIA) 345 support. Nasdaq (QQQ) 327 resistance. KRE (Regional Banks) 71.82 resistance. SMH (Semiconductors) 233 pivotal area. 222.82 support. IYT (Transportation) 282.40 resistance. 267.92 support. IBB (Biotechnology) 147.11 support. Could not hold over the 50-DMA. XRT (Retail) 96.27 resistance. Volatility Index (VXX) 38.22 minor support. Junk Bonds (JNK) Broke support from the 50-DMA at 108.57. XLU (Utilities) 64.78 support. SLV (Silver) Needs to clear 26.28 and hold. VBK

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