1/5/2018

Mish Schneider | January 4, 2018

S&P 500 (SPY) New highs. 268.25 pivotal support Russell 2000 (IWM) Through 155 should go higher, especially on a closing basis. Under 153.50 trouble Dow (DIA) Runaway gap if holds 249.22. If it doesn’t, expect some trouble at 25k Nasdaq (QQQ) 160 pivotal with 157.70 support KRE (Regional Banks) 59.00 pivotal support through 60 good SMH (Semiconductors) Confirmed bullish phase-100.84 pivotal and a distance to the highs near 106. Not sure it can make it

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