06/03/2021

Aldrin Gonzales | June 2, 2021

S&P 500 (SPY) Resistance 422.82 Russell 2000 (IWM) 226.69 support. Dow (DIA) 351 highs to clear with 345 support area. Nasdaq (QQQ) Next resistance 336.65 with 330 support. KRE (Regional Banks) Like to see this hold over 70.00 with 71.82 resistance. SMH (Semiconductors) 242.50 support. IYT (Transportation) 278.85 next resistance. Watching to hold the 10-DMA at 272.71. IBB (Biotechnology) 151 pivotal area. XRT (Retail) 96.16 resistance. Volatility Index (VXX) Inside day. Junk Bonds (JNK) 108.78 support area from the 50-DMA. XLU (Utilities) Next support 64.49. SLV

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