11/23/2020

Aldrin Gonzales | November 22, 2020

S&P 500 (SPY) Since it never cleared the high from a week ago, we could say the topping pattern remains until 364.38 clears. Russell 2000 (IWM) 174.28 Support. Resistance 179.72 Dow (DIA) 289.19 next support before potential gap fill to 284.38. 300 key to clear Nasdaq (QQQ) Closed right on the 10-DMA with major support from the 50-DMA at 281.57. 300 key to clear. KRE (Regional Banks) 49.60 to clear. Support at 45.16. SMH (Semiconductors)

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