06/30/2023

Mish Schneider | June 29, 2023

S&P 500 (SPY) Still working off a reversal top until it takes out 443.90 Russell 2000 (IWM) 190-193 still the overhead resistance to clear Dow (DIA) 33,500 major support to hold Nasdaq (QQQ) Still working off a reversal top until it takes out 372.85 Regional banks (KRE) Need a new move over 42 Semiconductors (SMH) 150 back to pivotal Transportation (IYT) 250 resistance and a potential correction /mean reversion in store Biotechnology (IBB) 121-135 range

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