11/13/2017

Geoff Bysshe | November 10, 2017

S&P 500 (SPY) Inside day. SPY closed right on the 258-pivotal support. An open below that cannot find buyers will be troublesome

Russell 2000 (IWM) Inside day. 147 pivotal still as this holds on to the 50 DMA at 146.50.

Dow (DIA) Inside day. 234.56 the 10-DMA failed marginally making that area pivotal for Monday.

Nasdaq (QQQ) Saved itself by holding the 10 DMA at 153 now pivotal

KRE (Regional Banks) Inside day. Confirmed Distribution phase. 54.80 key weekly support failed. 53.50 next support.

SMH (Semiconductors) Inside day sitting right on the pivotal 10-DMA at 102.60

IYT (Transportation) 168.45 KEY!

IBB (Biotechnology) 310 pivotal support held

XRT (Retail) That Granny knows how to work an oxygen tank- 40.50 in focus

IYR (Real Estate) Support at 82.00

GLD (Gold Trust) Could not get that second close over 122-why patience in commodities a good thing

SLV (Silver) Like to see this clear 16.30

GDX (Gold Miners) Needs to clear 23.10 with volume

USO (US Oil Fund) 10.80 support

XOP (Oil & Gas Exploration) Cleared 35.52 the 50-week MA, which is a good risk point

TAN (Solar Energy) Looks good as it held and popped off the 10 DMA at 24.35

TLT (iShares 20+ Year Treasuries) 123.50 the 200 DMA

UUP (Dollar Bull) 24.37 the 200-week MA and 24.80 resistance

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