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USA Stocks Market Outlook

trading date: May 23, 2016 – 

Last week, the SPY was very undecided on which way to go.

$204 level is the best support: if it breaks this, there could be a heavy bearish movement.

Support will lie at friday’s low at $204.86, followed by $204 level.

Resistance will lie at friday’s high at $206.10, followed by $206.80 and then $207.49.

spy23maySPY daily chart on 1Option Platform

F-lab on StockTwits

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