S&P 500 (SPY) Percentage wise, the move lower suggests a time correction thus far. Other factors to watch for are described throughout the Daily.
Russell 2000 (IWM) It’s all about 144.50 area support
Dow (DIA) 234.87 the 10-DMA needs to clear to be good again
Nasdaq (QQQ) 152 support.
KRE (Regional Banks) Unconfirmed Bullish phase. 55.35 the 50 DMA to hold again
SMH (Semiconductors) 102.00 support
IYT (Transportation) 168.50 level key support
IBB (Biotechnology) Broke the 200 DMA today and holding the 50-week MA
XRT (Retail) Needs to get back over 40
IYR (Real Estate) Support at 82.00
XLU (Utilities) New 2017 highs again today as folks flock to safety
GLD (Gold Trust) Still needs a close over 122
SLV (Silver) Like to see this clear 16.30
GDX (Gold Miners) Needs to clear 23.05 with volume
USO (US Oil Fund) As long as this hold above 10.50, I remain friendly
XOP (Oil & Gas Exploration) Back under the weekly MA-these days, bearish instruments need 2 weeks before they can confirm key levels
TAN (Solar Energy) New 2017 high
TLT (iShares 20+ Year Treasuries) 123.50 the 200 DMA. 125.50 resistance
UUP (Dollar Bull) 24.37 the 200-week MA (broke) with 24.25 next key support
