USA Stocks Market Outlook

trading date: May 11, 2016 –

Yesterday’s SPY rally was a surprise: the movement was wide from $206.66 to $208.45 (+1.24%).

Resistance will lie at yesterday’s high at $208.47, followed by $209.81 and then $210.25.

Support will remain at yesterday’s low at $206.64, followed by $205.98 and then $205.03.

SPY daily chart on 1Option Platform