06/06/2022

Mish Schneider | June 5, 2022

S&P 500 (SPY) 407 area needs to hold from the 10-DMA. 423.90 50-DMA to clear. Russell 2000 (IWM) 181.77 area to hold. Dow (DIA) 325 support area. Nasdaq (QQQ) 309 level needs to hold as support. KRE (Regional Banks) Needs to clear 65. SMH (Semiconductors) 237 support area. Flirting with the 50-DMA at 242.96. IYT (Transportation) Inside day. 228.70 minor support area. IBB (Biotechnology) Flirting with the 10-DMA at 116.17. XRT (Retail) Inside day. 64 to hold. GLD (Gold) Could not hold the

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