05/19/2022

Mish Schneider | May 18, 2022

S&P 500 (SPY) 385 low to watch. Russell 2000 (IWM) 168 area to watch for support. Dow (DIA) Will probably break 312 support area. Nasdaq (QQQ) 285 area to hold. KRE (Regional Banks) support 58.75. SMH (Semiconductors) 215 support. IYT (Transportation) Watching for 223 to break. IBB (Biotechnology) Holding up well for Wednesday’s selloff. XRT (Retail) Retail was hit the hardest of Mish’s Economic Modern Family on Wednesday. GLD (Gold) 171.48 the 200-DMA to clear. USO (oil) Failed the 10-DMA. Watching the 50-DMA next at

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