12/08/2020

Aldrin Gonzales | December 7, 2020

S&P 500 (SPY)  Strong close with an Inside Day. Russell 2000 (IWM) Closed near last week's highs with support 180.30 Dow (DIA) 300 is important to hold as new support. Nasdaq (QQQ) Record close. 300 support the 10-DMA KRE (Regional Banks) 51.07 Resistance. Support 47.22 SMH (Semiconductors) Strong close with 210 support the 10-DMA IYT (Transportation) 225.49 resistance. 218.64 support. IBB (Biotechnology) Needs to close over 148 resistance. 145 area support. XRT (Retail) Support 59.24

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