12/06/2021

Aldrin Gonzales | December 5, 2021

S&P 500 (SPY) Needs to clear back over 453.29 the 50-DMA Russell 2000 (IWM) Watching to hold current lows as support. Dow (DIA) Now needs to stay over the 200-DMA at 344.05. Nasdaq (QQQ) Watching to stay over the 50-DMA at 380. KRE (Regional Banks) 67.70 next support level from the 200-DMA. SMH (Semiconductors) 314 next resistance area. 297 minor support level. IYT (Transportation) Needs to hold over 259.38. Resistance at 264.45 the 50-DMA. IBB (Biotechnology) With its continued breakdown—needs to find support.

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