06/19/2024

Mish Schneider | June 18, 2024

S&P 500 (SPY) New highs to start the week Russell 2000 (IWM) 197-202 tightest range to watch Dow (DIA) Marginally confirmed the phase change over 50-DMA Nasdaq (QQQ) All-time highs yet again Regional banks (KRE) Watching the range 45-50 CAREFULLY Semiconductors (SMH) ATHs Transportation (IYT) Could not hold over the 200-DMA Biotechnology (IBB) 134 support 140 resistance Retail (XRT) Rallied off the 50-DMA like her life depended on it-we need more iShares iBoxx Hi Yd

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