Track (Pun Intended) Transportation Sector’s 200-WMA

Dow (DIA) Confirmed distribution phase 272.48 pivotal

Nasdaq (QQQ) Confirmed caution phase 221 pivotal resistance 216 weekly support

KRE (Regional Banks) 48 support with resistance at 54.00

SMH (Semiconductors) Inside day. Range to break 140.94-134.21

IYT (Transportation) 177.40 the 200—WMA.

IBB (Biotechnology) THIS WORKED PERFECTLY-117.35 key pivotal area-if clears then could buy with stop under 116.48 looking for 120 area

XRT (Retail) Poor Granny-Unless it gets back over 43.00, that weekly double top could really smash this

Volatility Index (VXX) Inside day

Junk Bonds (JNK) Over 108.50 and hold, perhaps the worst is over for the time being.

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