07/27/2020

Aldrin Gonzales | July 26, 2020

S&P 500 (SPY) 320 held and has to continue to Russell 2000 (IWM) 146 support 150 resistance Dow (DIA) 270 now resistance 262.50 support Nasdaq (QQQ) 262 now resistance with support at 250 KRE (Regional Banks) Confirmed recuperation phase.  37.70 the 50-DMA SMH (Semiconductors) 160 pivotal 155 support IYT (Transportation) 172.75 the 200-DMA failed to hold IBB (Biotechnology) Closed at 136, the big support XRT (Retail) 45.00 support, 46 pivotal Volatility Index (VXX) 31.03 resistance

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