trading date: September 08, 2016 –
The market is still trapped in a tight range on increased range: the longer and tighter the range, the bigger and more sustained the breakout. Yesterday’s candle is similar to the candle of the day before yesterday.
Resistance will lie at yesterday’s high at $219.22, followed by the all-time high at $219.60.
Support will lie at yesterday’s low at $218.30, followed by $217.36 and then $217.02.