11/04/2020

Aldrin Gonzales | November 3, 2020

S&P 500 (SPY) Resistance 340. Support 320. Closed gap created from 10/27 - 10/28. Russell 2000 (IWM) Second close over the 50-DMA. Confirmed Phase Change. Dow (DIA) Broke  271 resistance and filled gap at 274.60 Nasdaq (QQQ)  267 Support. 280 Resistance KRE (Regional Banks) Cleared the 50-WMA at 42.79. SMH (Semiconductors) Watching for a second close over the 50-DMA to confirm bullish phase. IYT (Transportation) Needs a second close over the 50-DMA to confirm a

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