10/05/2020

Aldrin Gonzales | October 4, 2020

S&P 500 (SPY) Did not confirm bullish phase. Support 330 Russell 2000 (IWM) Closed just over the 50-DMA. Needs a second close to confirm bull phase. Dow (DIA) 273 Support. Resistance 280 Nasdaq (QQQ) Back into an unconfirmed caution phase with 275 the 50-DMA to get back above. KRE (Regional Banks) Finally a strong close over 36. 38 is the next major resistance level. SMH (Semiconductors) 181 resistance. Needs to hold the 50-DMA IYT (Transportation)

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