trading date: June 21, 2016 –
Yesterday SPY had a big rally on the open, but it closed near the low of the day: the market did not hold the rally (low volumes).
Yellen speaks today and that should be bullish. Regarding Brexit, it could be the biggest event of the year if it is a vote to “leave”.
Support will lie at yesterday’s low at $207.75, followed by $207.53 and then $207.20.
Resistance will lie at yesterday’s high at $209.61, followed by $210.37 and then $210.69.