08/28/2024

Mish Schneider | August 27, 2024

S&P 500 (SPY) 560 pivotal Russell 2000 (IWM) 217-227 current range Dow (DIA) 410 support Nasdaq (QQQ) 475 area pivotal Regional banks (KRE) 57 pivotal Semiconductors (SMH) 240 important support Transportation (IYT) 50-WMA or 64.50 support Biotechnology (IBB) 145-150 new range Retail (XRT) 75 support 80 resistance iShares iBoxx Hi Yd Cor Bond ETF (HYG) Back to 2022 levels and resistance-but still strong and risk on unless it breaks 78

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