08/10/2020

Aldrin Gonzales | August 9, 2020

S&P 500 (SPY) 339.08 all-time high, 330 important support Russell 2000 (IWM) Strong move up, 157-159 resistance area. 151.78 key support Dow (DIA) 276.38 swing high, 270 now pivotal support Nasdaq (QQQ) 269 area pivotal support New all-time highs KRE (Regional Banks) Break out of the 36.80-38.70 range SMH (Semiconductors) Pulled back to the 10-DMA.165-168 pivotal support IYT (Transportation) Strong confirmation move over prior swing high, 190 resistance. 179-180 now key support IBB (Biotechnology) Sitting on the 50-DMA and key 135 support. Watch

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