trading date: March 16, 2016 –
The SPY is relatively flat between the two levels of 202 and 200 $.
We see the support at the low of yesterday’s range at $201.05. Resistance will lie at the 200 day SMA at $202.01, followed by the high of yesterday’s range at $202.53 and $203.04.
Markets are waiting the end of the Fed 2 days meeting (and the decisions coming from it!).