08/12/2024

Mish Schneider | August 11, 2024

S&P 500 (SPY) 540 resistance with 505 next support Russell 2000 (IWM) 210 resistance 199 support Dow (DIA) 380 support Nasdaq (QQQ) 430 support Regional banks (KRE) 50-52 support Semiconductors (SMH) 212 support 240 resistance Transportation (IYT) 61 support 63.50 resistance Biotechnology (IBB) Could not hold recent rally-but ok if maintains a price above 135 Retail (XRT) Time to watch Monday’s lows to hold iShares iBoxx Hi Yd Cor Bond ETF (HYG) 77.00 the nearest

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