07/18/2022

Mish Schneider | July 17, 2022

S&P 500 (SPY) 371-386 new trading range to watch Russell 2000 (IWM) 167 support thru 170 maybe 177 on tap? Dow (DIA) 301 support and needs to clear 315 Nasdaq (QQQ) 277 to 294 range KRE (Regional Banks) 56 the 200 WMA 60 resistance SMH (Semiconductors) Led the march with 210 now pivotal and resistance up at 220 IYT (Transportation) A clutch close above 212 or the 200-WMA IBB (Biotechnology) 129.50 resistance 117 support XRT (Retail) 60.75 the 200-WMA resistance did not clear

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