12/16/2024

Mish Schneider | December 15, 2024

(Pivotal means short-term bullish above that level and bearish below)  S&P 500 (SPY) 604 pivotal for Monday  Russell 2000 (IWM) 217 major major support back thru 240 better  Dow (DIA) 445 resistance  Nasdaq (QQQ) 520 support  Regional banks (KRE) 65 pivotal   Semiconductors (SMH) 250 resistance 240 support  Transportation (IYT) confirmed Caution Phase  Biotechnology (IBB) 140 resistance 130 major support  Retail (XRT) 80 support 87 resistance  iShares iBoxx Hi Yd Cor Bond ETF (HYG) 79.50 failed end of the week-also caution 

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