07/29/2020

Aldrin Gonzales | July 28, 2020

S&P 500 (SPY) 320 held and must 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 bearish phase.  37.70 the 50-DMA SMH (Semiconductors) 165-168 resistance 160 support IYT (Transportation) 172.75 broke and back into an unconfirmed recuperation phase IBB (Biotechnology) 142 resistance 136 support XRT (Retail) 46.00 support Volatility Index (VXX) Not a new low

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