11/05/2020

Aldrin Gonzales | November 4, 2020

S&P 500 (SPY) Broke resistance at 340 and held. Watching for second close over 50-DMA Russell 2000 (IWM) Resistance 164. Support the 50-DMA at 155 Dow (DIA) Crossed the 50-DMA but could not hold. Must clear 279 Nasdaq (QQQ)  Held over 50-DMA, with next resistance at 297 October high. KRE (Regional Banks)Bearish Island Top pattern. Gap to new 60 plus day high followed by gap lower. Can it hold the 200-DMA? SMH (Semiconductors) Resistance 190.

This content is for Premium subscribers only. Please register or click here to login.