08/17/2021

Aldrin Gonzales | August 16, 2021

S&P 500 (SPY) New highs. Russell 2000 (IWM) Needs to clear resistance at 225. Dow (DIA) 351 support. Nasdaq (QQQ) 362 support. KRE (Regional Banks) Holding over its 50-DMA at 64.99. SMH (Semiconductors) Next support area 256.94 the 50-DMA. IYT (Transportation) Watching for 2 daily closes over the 50-DMA at 257.97. IBB (Biotechnology) Support area the 50-DMA at 164.05 XRT (Retail) 93.51 support.  98 resistance. Junk Bonds (JNK) Holding over the 10-DMA at 109.01. Next resistance level 109.49. IYR (Real Estate) 108 resistance. XLP (Consumer Staples) New

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