12/21/2021

Aldrin Gonzales | December 20, 2021

S&P 500 (SPY) 448.92 low to hold. Russell 2000 (IWM) 208 bottom of range to hold. Dow (DIA) Held the 200-DMA at 346.37. Nasdaq (QQQ) Needs to get back over 382. KRE (Regional Banks) Watching for second close under the 200-DMA at 67.96. SMH (Semiconductors) Watching to hold the 290.07. IYT (Transportation) 261 pivotal. IBB (Biotechnology) Still needs a close over the 50-DMA at 154.92. XRT (Retail) Watching to find support. Junk Bonds (JNK) 108.41 resistance. SLV (Silver) 19.80 support. USO (US Oil Fund) Closed over 48.71.

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