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USA Stocks Market Outlook

trading date: July 18, 2106 – 

The last three market days, the SPY had the same behaviour: after a gap up, it drifted back lower into the afternoon and the close. Everyday the market did a new all-time high. Volume was light.

We could see a one day dip but bullish week ahead.

Support will ie at Friday’s low at $215.31 and then at $214.35.

Resistance will lie at Friday’s high at $217.01.

spy18july SPY daily chart on 1Option Platform

F-lab on StockTwits

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