07/15/2020

Aldrin Gonzales | July 14, 2020

S&P 500 (SPY) When gaps get filled, especially ones that leave an exhaustion island, pay attention Russell 2000 (IWM) 137 support 146.00 resistance Dow (DIA) Unconfirmed accumulation phase-needs to confirm Nasdaq (QQQ) Reversal top did not confirm-so there KRE (Regional Banks) 34.00 key support SMH (Semiconductors) 160 pivotal IYT (Transportation) Very encouraging move in this sector. 173 resistance IBB (Biotechnology) Good comeback XRT (Retail) 43.40 pivotal Volatility Index (VXX) Unconfirmed bullish phase did not confirm

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