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Pivotal Price Levels the Market Must Hold or Clear Next Week

August 1, 2021
Mish's Daily
By Mish Schneider

When it comes to resistance, because the SPY and QQQ have recently broken to new highs they do not have any large resistance lingering nearby.

On the other hand, IWM and DIA are both in resistance zones as IWM sits in the middle of a very choppy range dating back multiple months while the DIA is having trouble clearing resistance set from the high in May at $351.
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