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USA Stocks Market Outlook

trading date: April 12, 2016 –

The market has opened on the high and closed on the low the last 3 days. That is a sign that it it getting a bit tired. SPY is back below $205.

Support will lie at the low of yesterday’s range at $203.91, followed by $203.09.

Resistance will lie at the critical resistance pivot at $205.25, followed by the high of yesterday’s range at $206.07.

SPY

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