12/02/2021

Aldrin Gonzales | December 1, 2021

S&P 500 (SPY) Needs to clear back over 452.71. Russell 2000 (IWM) Watching to hold current lows as support. Dow (DIA) Needs to clear back over 343.74 the 200-DMA. Nasdaq (QQQ) 387-384 area to hold. KRE (Regional Banks) 67.70 next support level from the 200-DMA. SMH (Semiconductors) 314 next resistance area. 297 minor support level. IYT (Transportation) Broke support from 200-DMA at 259.07. IBB (Biotechnology) Could easily test support at 150.21. XRT (Retail) 89 next support area. Junk Bonds (JNK) 106.48 needs to hold. SLV

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