9/27/19

Aldrin Gonzales | September 26, 2019

S&P 500 (SPY) Low volume inside day while SPY holds the 50-DMA at 294.77 Yet, still has to clear 300 to get more convincing. Subscribers: Neutral Pivots in all

Russell 2000 (IWM) 2 Inside days. 152.09 the 50-DMA held. 155.50 is the major overhead to clear to get more interesting

Dow (DIA) 2 Inside days. 266-270.70 range to break

Nasdaq (QQQ) Inside day. 189.13 or the 50-DMA pivotal now.

KRE (Regional Banks) Since 52.23 is the wall of support

SMH (Semiconductors) 116.33 the 50-DMA holding. However, this too must get through the resistance at 121.

IYT (Transportation) 2 Inside days. 186.21 the 50-DMA pivotal. All the inside days spell indecision. Makes sense

IBB (Biotechnology) 100 support to hold

XRT (Retail) 42.40 to clear for starters and 41.15 to hold

GLD (Gold Trust) 140.35 the 50-DMA. 142 pivotal

GDX (Gold Miners) 28.18 the 10 DMA-low volume selling

SLV (Silver) 16.85 pivotal 16.25 the 50-DMA

URA (Uranium) Strong especially if it clears 11.29

USO (US Oil Fund) 11.78 is the 200-DMA pivotal

TLT (iShares 20+ Year Treasuries) 145 resistance and 140 support

UUP (Dollar Bull) Made a new all-time high

RSX (Russia) 23.56 if clears, could give this a new entry with stop under 22.70

GBTC (Bitcoin Grayscale Bitcoin Trust) 8.65 the 200 DMA

EWZ (Brazil) 42.61 to clear but like it if holds 41.77

CANE (Sugar) Confirmed phase change to recuperation-watch 6.73

DBA (Agriculture) Watching the 15.74 level for a weekly close above

GSG (Goldman Sachs Commodity Index) If holds 14.95, a move above 15.50 looks good

USCI (US Commodity Index) 36.17 support and must clear 36.58.