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USA Stocks Market Outlook

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.

spy29sept SPY daily chart on 1Option Platform

F-lab on StockTwits

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