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USA Stocks Market Outlook

trading date: April 29, 2016 – 

The market tried to rally after a weak open and it held strong for most of the day.

An hour before the close we saw a big downward movement: the SPY tested support at $207.

This can be the first sign of weakness.

Support will lie at $207, followed by $206.84 ans then $205.30.

Resistance will lie at yesterday’s hogh at $209.76, followed by $210.25.

SPY29aprSPY daily chart on eSignal Platform

F-lab on StockTwits

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