S&P 500 (SPY) Better if can clear over 217 and hold 215
Russell 2000 (IWM) Through 124.75 area better still
Dow (DIA) 184 is the overhead 50 DMA to clear
Nasdaq (QQQ) 119 next hurdle to close above
KRE (Regional Banks) Given Yellen’s statements, this has potential.
SMH (Semiconductors) 67 support
IYT (Transportation) 144-146 the resistance to clear.
IBB (Biotechnology) Needs to clear 298 to see 300 and beyond.
XRT (Retail) Last frontier right here-needs to hold today’s lows and make a move
IYR (Real Estate) Held support
ITB (US Home Construction) Needs to clear 28.00
GLD (Gold Trust) I suggest the bears look at a monthly chart
SLV (Silver) A weekly bull flag forming taking its time to break out of
GDX (Gold Miners) 26.50 pivotal support
USO (US Oil Fund) Still waiting on the weekly chart to bust out
OIH (Oil Services) I’d call today’s action a reversal
XLE (Energy) Ditto here
XOP (Oil and Gas Exploration) And here
TAN (Guggenheim Solar Energy) I like the rounding double bottom potential. Needs confirmation
TLT (iShares 20+ Year Treasuries) 138.30 the 50 DMA pivotal
UUP (Dollar Bull) Until it closes over 25 or under 24.60 I’m neutral
