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USA Stocks Market Outlook

trading date: September 21, 2016 – 

The pattern has been to open higher, drift lower and stall.

September is a weak month and we should expect the 100-day MA breakout.

Resistance will lie at yesterday’s high at $214.59, followed by $215.73 and then at SMA50 at $216.87.
Support will lie at yesterday’s low at $213.38, followed by $213.03 and then at SMA100 at $212.39.

spy21sept SPY daily chart on 1Option Platform

F-lab on StockTwits

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