12/23/2021

Aldrin Gonzales | December 22, 2021

S&P 500 (SPY) 470 resistance area. Russell 2000 (IWM) 224 resistance. Dow (DIA) Needs to hold its 50-DMA at 356.12. Nasdaq (QQQ) 401 next resistance area. KRE (Regional Banks) 65.46 new support. SMH (Semiconductors) 315 main resistance. Sitting in choppy area. IYT (Transportation) 268.93 the 50-DMA pivotal area. IBB (Biotechnology) Needs to clear 155. XRT (Retail) Like this to hold over 87. Junk Bonds (JNK) Watch for second close over the 50-DMA at 108.24. SLV (Silver) Like this to push for 21.75 area next. USO (US

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