08/20/2021

Aldrin Gonzales | August 19, 2021

S&P 500 (SPY) 436 support level. Russell 2000 (IWM) Broke support form the 200-DMA. Watching for a bounce back over 213.78. Dow (DIA) Sitting right on the 50-DMA at 347.25. Nasdaq (QQQ) like this to hold over 362. KRE (Regional Banks) If can’t hold Thursdays low. 61.77 next support area. SMH (Semiconductors) Needs to get back over 257.32 the 50-DMA. IYT (Transportation) 245.16 support the 200-DMA. IBB (Biotechnology) Flirting with the 50-DMA at 164.58. XRT (Retail) 91.49 support. Junk Bonds (JNK) Held the 200-DMA at

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