trading date: April 26, 2016 –
The SPY drifted lower initially in yesterday’s session to only then edge back higher in the late afternoon, closing out just off the highs.
Support will lie at the low of yesterday’s range at $207.54, followed by $207 and $206.25.
Resistance will lie at the high of yesterday’s range at $208.66, followed by $209.29 and $210.92.
We are close to the all-time high and resistance will be strong.