06/08/2022

Mish Schneider | June 7, 2022

S&P 500 (SPY) 417.44 to clear. Russell 2000 (IWM) watch for second close over 50-DMA at 190 Dow (DIA) 334.73 the 50-DMA resistance. Nasdaq (QQQ) 314.56 resistance. KRE (Regional Banks) 65 resistance. SMH (Semiconductors) Watch for a push towards 250. IYT (Transportation) 241 next area to clear. IBB (Biotechnology) 112 support area. XRT (Retail) 68 to clear. GLD (Gold) 171.89 pivotal. USO (oil) 20.65 to clear. DBA (Agriculture) 22.18 the 50-DMA. 21.80 support area.

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