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USA Stocks Market Outlook

trading date: August 29, 2016 – 

At the beginning of Friday’s market session the SPY pushed higher next to the all time high but then it broke the best recent support level at $217.50. It traded in a wide range on increased volume.

Resistance will lie at Friday’s high at $219.12, followed by $219.60.

Support will lie at Friday’s low at $216.25, followed by $215.62.

spy29augSPY daily chart on 1Option Platform

F-lab on StockTwits

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