11/29/2021

Aldrin Gonzales | November 28, 2021

S&P 500 (SPY) Broke 462 support. Russell 2000 (IWM) Watching for distribution phase with second close under 200-DMA. Dow (DIA) Needs to get back over 352.66 the 50-DMA. Nasdaq (QQQ) 387.53 support. KRE (Regional Banks) 71.02 area needs to hold. SMH (Semiconductors) 291.55 next main support area. IYT (Transportation) 262.91 50-DMA near with main support at 258. IBB (Biotechnology) Needs to hold over 152. XRT (Retail) Bounced off 50-DMA at 95.89. Junk Bonds (JNK) Failed the 200-WMA at 106.80. SLV (Silver) Watching to hold

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