S&P 500 (SPY) Got right to resistance at 279-280.40. For Tuesday, consider 278.50 pivotal-good above, dicey below. Subscribers: Positive Pivots in all
Russell 2000 (IWM) 168 still the target if holds 165.
Dow (DIA) 250 cleared so now it becomes support. 255 some resistance
Nasdaq (QQQ) Above 176 will look better. Support to hold 172.50-173
KRE (Regional Banks) Fins a bit nervous. 64.40 the 10 DMA support to hold
SMH (Semiconductors) 110.58-112 resistance with 109.40 pivotal support.
IYT (Transportation 197 support now. 199-200 resistance point to clear
IBB (Biotechnology) 108.50-111 a range in place
XRT (Retail) Granny at 50.00? Let’s see if it lasts
IYR (Real Estate) Digesting at a good spot
XLU (Utilities) 48.20 the 200-week moving average
GDX (Gold Miners) see notes
SLV (Silver) Closed above the 200-week MA. See notes
USO (US Oil Fund) 13.15 support now to hold
TAN (Solar Energy) Down around 22 would be a compelling buy
TLT (iShares 20+ Year Treasuries) 118.50 support
UUP (Dollar Bull) 24.70 now the resistance
INDA (India) If holds 33 and clears 34.10 could be a low risk buy
MJ (Alternative Harvest ETF) Inside day under the 200 DMA
CANE (Sugar) Higher lows, will like better through 8.10
DBA (Agriculture) 18.40 support