3/22/2021

Lincoln Oehlers | March 21, 2021

S&P 500 (SPY) 385.37 next support the 50-DMA

Russell 2000 (IWM) 219.13 next support area from 50-DMA

Dow (DIA) Next support 320.

Nasdaq (QQQ)Watching for this to hold current price level as the next support area is around 300.

KRE (Regional Banks) Closed over 68.41 support area.

SMH (Semiconductors) Needs to clear the 50-DMA at 237.95 and hold.

IYT (Transportation) 245.46 support from recent low.

IBB (Biotechnology) 160.72 resistance. Support 144.30

XRT (Retail) 85.69 support.

Volatility Index (VXX) Watching for consolidation.

Junk Bonds (JNK) Sitting in no man’s land between 50-DMA and 200-DMA. Watch for more consolidation/direction.

LQD (iShs iBoxx $Inv Gd Cor Bd ETF) Needs more consolidation and recently moved into a bearish phase.

IYR (Real Estate) Watching to find support between 88-90

XLU (Utilities) 64.19 resistance. 61.88 -61.20 support area from major moving averages.

GLD (Gold Trust) Showing good consolidation over 10-DMA of 161.69

SLV (Silver) Holding over the 10-DMA 24.12 is a good sign.

VBK (Small Cap Growth ETF) Like to see this move back towards 50-DMA at 284.57

UGA (US Gas Fund) 29.53 50-DMA next support level.

TLT (iShares 20+ Year Treasuries) Needs to find a base/support level.

USD (Dollar) 91.37 new support.

EWW (Mexico) Needs to get back over 44.43 200-WMA.

MJ (Alternative Harvest ETF) 25.10 needs to clear.

WEAT (Teucrium Wheat Fund) Inside day.