08/15/2024

Mish Schneider | August 14, 2024

S&P 500 (SPY) 540 cleared which makes this level pivotal Russell 2000 (IWM) 210 resistance 199 support Dow (DIA) 400 pivotal Nasdaq (QQQ) 475 area resistance Regional banks (KRE) 50-52 support Semiconductors (SMH) 240 resistance Transportation (IYT) Eyes here to see if it can clear back over the 50-WMA Biotechnology (IBB) 141 now support Retail (XRT) 73.50 now super pivotal-strong above weak below iShares iBoxx Hi Yd Cor Bond ETF (HYG) Back to risk on

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