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USA Stocks Market Outlook

trading date: July 28, 2016 –

The good news for Bulls is that the market was able to shrug off a hawkish FOMC. The market drifted lower and bounced immediately. Volume is growing up.

Resistance will lie at yesterday’s high at $217.27, followed by the all time high at $217.30.

Support will lie at yesterday’s low at $215.62, followed by $215.31 and then $214.35.

 SPY28JULY SPY daily chart on 1Option Platform

F-lab On StockTwits

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