07/27/2022

Mish Schneider | July 26, 2022

S&P 500 (SPY) 403 big resistance and today we saw how 390 support is pivotal Russell 2000 (IWM) 176.50 support to hold and now must take out 182.50 Dow (DIA) 322-323 resistance 316 support Nasdaq (QQQ) 308 big resistance 293 support key KRE (Regional Banks) 60 key support SMH (Semiconductors) 221 support 230 resistance- IYT (Transportation) Second weakest modern family sector as this broke below the 50-DMA IBB (Biotechnology) support 120 XRT (Retail) Weakest modern

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