(Pivotal means short-term bullish above that level and bearish below) The divergence between growth and value continues to widen S&P 500 (SPY) 647 now support Russell 2000 (IWM) 233 close support Dow (DIA) 455 support Nasdaq (QQQ) 575 support Regional banks (KRE) 64 key to hold Semiconductors (SMH) 293 support Transportation (IYT) This is our weak link not even over the July range. Watch 73.50 to clear 70.00 to hold Biotechnology (IBB) 140 pivotal Retail
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