12/28/2021

Aldrin Gonzales | December 27, 2021

S&P 500 (SPY) All time highs. Russell 2000 (IWM) 224 resistance. Dow (DIA) 365.64 to clear. Nasdaq (QQQ) 408.71 to clear. KRE (Regional Banks) 71.80 resistance. SMH (Semiconductors) 318.82 to clear. IYT (Transportation) 274 needs to hold as new support. IBB (Biotechnology) 155 Resistance. XRT (Retail) Watching for second close over the 10-DMA at 88.37. Junk Bonds (JNK) 108.92 200-DMA to clear. SLV (Silver) 21.75 next resistance. USO (US Oil Fund) Watching for second close over the 50-DMA at 54.16. TLT (iShares 20+ Year Treasuries) Holding over 148.04

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