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USA Stocks Market Outlook

trading date: April 18, 2016 – 

On Friday’s session, The SPY traded slightly lower.

Support will lie at the low of Friday’s range at $207.40, followed by $206.84 and the most recent critical support pivot of $205.25.

Resistance will lie at the high of Friday’s range $208.17, followed closely by $208.60 and $209.73.

spy18apr

Today, the market is trading lower because the OPEC meeting did not go well. Oil is down 4%.

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