09/26/2024

Mish Schneider | September 25, 2024

(Pivotal means short-term bullish above that level and bearish below) S&P 500 (SPY) 565 pivotal support Russell 2000 (IWM) Range 215-225 Dow (DIA) Looks like topping action Nasdaq (QQQ) 475 support 485 resistance Regional banks (KRE) 52-55 support zone Semiconductors (SMH) 240 pivotal Transportation (IYT) 67.00 support 69 resistance Biotechnology (IBB) 140-142 support zone Retail (XRT) 73.50 support 77 resistance iShares iBoxx Hi Yd Cor Bond ETF (HYG) Still trading above the 200-WMA-healthy

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