10/28/2021

Aldrin Gonzales | October 27, 2021

S&P 500 (SPY) 454.05 pivotal area. Russell 2000 (IWM) 222.60 support area. Dow (DIA) 10-DMA minor support at 354.78. Nasdaq (QQQ) 382.78 resistance area. KRE (Regional Banks) Next support area 67.14. SMH (Semiconductors) 262.60 main support area. IYT (Transportation) 263.82 next support area. IBB (Biotechnology) Failed to hold the 200-DMA at 160.30. XRT (Retail) 90.86 next support. Junk Bonds (JNK) 108.40 support. SLV (Silver) 22.16 support. USO (US Oil Fund) Broke the 10-DMA at 57.51. TLT (iShares 20+ Year Treasuries) Watching for a second close over the 50-DMA

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