06/03/2022

Mish Schneider | June 2, 2022

S&P 500 (SPY) 402 needs to hold. 424 50-DMA to clear. Russell 2000 (IWM) 191 50-DMA to clear. Dow (DIA) 323 support area. Nasdaq (QQQ) 326 50-DMA to clear. KRE (Regional Banks) Watch to hold over 64.58 the 50-DMA. SMH (Semiconductors) 243.40 the 50-DMA to hold over. IYT (Transportation) 227.36 support area. Like to see this hold over 235. IBB (Biotechnology) Flirting with the 10-DMA at 116.02. XRT (Retail) Now needs to hold over the 10-DMA at 64. GLD (Gold) 172.53 gap to hold. USO

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