07/26/2021

Aldrin Gonzales | July 25, 2021

S&P 500 (SPY) New all-time highs. Russell 2000 (IWM) Like this to hold over 216.91. Dow (DIA) 351.09 resistance. Nasdaq (QQQ) New highs. KRE (Regional Banks) Holding downward trend. Needs to break the 10-DMA at 62.52 for 2 consecutive days. SMH (Semiconductors) Watch this to clear and hold over 258.60. IYT (Transportation) Minor support the 10-DMA at 255.52. IBB (Biotechnology) Needs to hold over 165.79. XRT (Retail) 94.70 support the 50-DMA. Junk Bonds (JNK) 110.10 highs to clear. IYR (Real Estate) Needs to hold over 105.22.

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