11/19/2025

Mish Schneider | November 18, 2025

(Pivotal means short-term bullish above that level and bearish below)   S&P 500 (SPY) Want to see 655 support hold up or could go closer to 630  Russell 2000 (IWM) 226 the 200 DMA support   Dow (DIA) Would be great to see 460 hold    Nasdaq (QQQ) Would be great to see 590 hold    Regional banks (KRE) October low 57.55 key  Semiconductors (SMH) Would be great to see 322 hold and 335 clear   Transportation (IYT) 68-69 key support   Biotechnology (IBB) 160 support  Retail (XRT) Support is the 200-DMA at 78.00 and key to the whole market  

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