S&P 500 (SPY) Now 2 inside days. 258.25 pivotal. 254.50the 50-DMA
Russell 2000 (IWM) Cleared 149 which is now a good pivotal support area for this to hold
Dow (DIA) Under 234.45 the 10-DMA support. Now looking at 232 the 229 if cannot retake 234.60
Nasdaq (QQQ) 153.75 pivotal
KRE (Regional Banks) 55.80 should hold now if good
SMH (Semiconductors) 104.35 -103.50 now critical support
IYT (Transportation) Looks vulnerable unless it clear 173. Under 168.50 I will take a much more defensive posture in the market
IBB (Biotechnology) 308 near-term support.
XRT (Retail) 42.60 next resistance and 41.65 critical support
GLD (Gold Trust) Unconfirmed warning phase impacted by the stronger dollar and higher move in market
SLV (Silver) Back to the drawing board to see if this can regain 16.00
XME (S&P Metals and Mining) Looks good again through 31.05
USO (US Oil Fund) I still like this longer-term
TAN (Solar Energy) Filled the exhaustion gap which is a good thing.
TLT (iShares 20+ Year Treasuries) 123.50 the 200 DMA. 125.50 pivotal support 126.80 resistance
UUP (Dollar Bull) The dollar gained strength and regained the 200-week Moving average. That makes 24.35 pivotal support
