09/19/2025

Mish Schneider | September 18, 2025

(Pivotal means short-term bullish above that level and bearish below)   S&P 500 (SPY) 655 support   Russell 2000 (IWM) 238 close support   Dow (DIA) 459 support   Nasdaq (QQQ) 585 support  Regional banks (KRE) Nice up day with 70 next hurdle    Semiconductors (SMH) 304 support  Transportation (IYT) This is our weak link not even over the July range. Watch 73.50 to clear 69.50 to hold  Biotechnology (IBB) 140 pivotal   Retail (XRT) 87 support  Bitcoin (BTCUSD) Cleared 117k-so

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