USA Stocks Market Outlook
trading date: May 16, 2016 –
The market has been fairly weak. SPY $204 is the critical level to watch. If it breaks, it could go down a lot.
Resistance will lie at friday’s high at $206.86, followed by $207.49.
Support will lie at friday’s low at $204.38, followe by $204 level and then $203.57.