05/23/2022

Mish Schneider | May 22, 2022

S&P 500 (SPY) 385 support area closed over. Russell 2000 (IWM) 168 area to watch for support.183 resistance. Dow (DIA) Sitting at a pivotal price level. Nasdaq (QQQ) closed over support from 285. KRE (Regional Banks) support 58.75. SMH (Semiconductors) 215 support. 239 resistance. IYT (Transportation) Needs to find support. IBB (Biotechnology) 116.68. to clear. XRT (Retail) 60.34 the 200-WMA GLD (Gold) Confirmed a caution phase with second close over the 200-DMA. USO (oil) Watch for a breakout over 83.60. DBA (Agriculture) Needs to hold the

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