Special Video Edition - For Trading on 1/30/2019

January 29, 2019

Mish's Daily

By Mish Schneider

Video Tutorial

  1. Review of the inside weeks in the Russell 2000, S&P500 and NASDAQ 100
  2. A view of the Modern Family on the weekly charts
  3. A look at where the money has rotating into and out of and what that means going forward.

S&P 500 (SPY)260.68 the low to hold with 266.70 the point to clear.

Russell 2000 (IWM) 147.54-147.92 is the range to clear. 143.46 the low to hold

Dow (DIA) 242.35 low to hold and 248.55 high to clear

Nasdaq (QQQ) Must clear over 165.65 and hold 160.32

KRE (Regional Banks) 53.00 nearest support level to hold. 55 major resistance

SMH (Semiconductors) 97.20 big resistance. 93.50 pivotal and 92 support

IYT (Transportation) 173.23 support and 179.15 pivotal with 180 resistance

IBB (Biotechnology) 110 resistance with 106.50 support

XRT (Retail) 44.75 the weekly resistance. 43.70 support to hold

Learn How a Successful Hedge Fund Manager
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Swing Trading eBook
  • How To Understand (And Trade) Current Market Phases
  • The Most Profitable Time to Trade a Trend
  • How To Overcome Big Losses And Create Consistent Returns
  • How To Define Entry And Exit Rules For Maximum Profit

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