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.
SPY daily chart on 1Option Platform