10/10/2024

Mish Schneider | October 9, 2024

(Pivotal means short-term bullish above that level and bearish below) S&P 500 (SPY) 565 support 595 resistance Russell 2000 (IWM) Range 215-225 Dow (DIA) New all-time highs Nasdaq (QQQ) 485 pivotal support Regional banks (KRE) 52-55 support zone Semiconductors (SMH) 240 support 255 resistance Transportation (IYT) 67.00 pivotal Biotechnology (IBB) 140-142 support zone Retail (XRT) 75 pivotal iShares iBoxx Hi Yd Cor Bond ETF (HYG) 79.50 failed so watching for risk factors carefully

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