05/27/2022

Mish Schneider | May 26, 2022

S&P 500 (SPY) 409 to clear next. Russell 2000 (IWM) Watch to hold over 183. Dow (DIA) 327 to clear. Nasdaq (QQQ) Closed over the 10-DMA at 294.74. KRE (Regional Banks) 65.20 the 50-DMA next resistance. SMH (Semiconductors) 215 support. 239 resistance. IYT (Transportation) 239 next resistance level. IBB (Biotechnology) 116.68. to clear and hold. XRT (Retail) Now needs to hold over the 10-DMA at 64. GLD (Gold) Support from the 200-DMA at 171.71. USO (oil) 83 to hold. DBA (Agriculture) Needs to hold 50-DMA

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