08/05/2024

Mish Schneider | August 4, 2024

S&P 500 (SPY) 540 now resistance with 520 next support Russell 2000 (IWM) 208 the 50-DMA Dow (DIA) 400 now resistance Nasdaq (QQQ) support at 430 with resistance 460 Regional banks (KRE) 50-52 now support Semiconductors (SMH) 207 is the 200-DMA support Transportation (IYT) 61 next support on weekly charts Biotechnology (IBB) 140 support Retail (XRT) 73 key support iShares iBoxx Hi Yd Cor Bond ETF (HYG) 77.50 the 50-DMA support

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