trading date: September 29, 2016 –
The market bounced yesterday on an oil rally. The 50-day MA is providing resistance.
The day to day action is random: up one day, down the next.
Resistance will lie at yesterday’s high at $216.82, followed by $218.19 and then $218.94.
Support will lie at yesterday’s low at $214.71, followed by $213.62 and then $213.38.