10/11/2021

Aldrin Gonzales | October 10, 2021

S&P 500 (SPY) Resistance 442 area. Russell 2000 (IWM) Resistance 225. Dow (DIA) 350 resistance. Nasdaq (QQQ) 366 level to clear. KRE (Regional Banks) Needs to hold over 70. SMH (Semiconductors) 248.745 support area. IYT (Transportation) Needs to stay over 251. IBB (Biotechnology) 153.38 support. XRT (Retail) 89.15 support the 200-DMA. Junk Bonds (JNK) Not a good sign for market strength if break under 108.39. SLV (Silver) Watching to hold. USO (US Oil Fund) 53.86 minor support the 10-DMA. TLT (iShares 20+ Year Treasuries) Watching to find support.

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