09/18/2023

Mish Schneider | September 17, 2023

S&P 500 (SPY) 440 support 458 resistance Russell 2000 (IWM) 185 pivotal 180 support Dow (DIA) 347 pivotal Nasdaq (QQQ) 363 support and over 375 looks better Regional banks (KRE) 44 pivotal Semiconductors (SMH) 150 pivotal Transportation (IYT) Needs to get back over 247 to look healthier Biotechnology (IBB) Compression between 124-130 Retail (XRT) 62.90 the July calendar range low broke down-along with IYT-2 negative signs and an indication of stress on the consumer

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