08/24/2021

Aldrin Gonzales | August 23, 2021

S&P 500 (SPY) New highs. Russell 2000 (IWM) 225 main resistance. Dow (DIA) Support level 347. 356.60 high to clear. Nasdaq (QQQ) 370 new support area. KRE (Regional Banks) Needs to hold over its 50-DMA at 64.44. SMH (Semiconductors) 271.79 high to clear. IYT (Transportation) 248.88 support. IBB (Biotechnology) 164.27 support. XRT (Retail) Flirting with the 50-DMA at 95.35. Junk Bonds (JNK) 108.60 support. Watching to clear the 50-DMA at 109.46. IYR (Real Estate) 108 resistance. Support from the 50-DMA at 105.07. XLP (Consumer Staples) 71.70 support

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