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USA Stocks Market Outlook

trading date: 8 April, 2016 –

The SPY broke through the support pivot of $205.25 and closed back below in yesterday’s session.

Support will lie at the low of yesterday’s range at $203.09, followed by the 200 day SMA at $$201.54.

Resistance will lie at the high of yesterday’s range at $206.39, followed by $207.14.

SPY

SPY daily chart on 1Option Platform

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