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USA Stocks Market Outlook

trading date: September 30, 2016 – 

The market drifted lower in yesterday’s session. The 50-day MA is providing resistance: the SPY is in a limited range formed by SMA50 and SMA100 which work as resistance and support.

Resistance will lie at yesterday’s high at $216.87, followed by $217.53 and then $218.94.

Support will lie at yesterday’s low at $214.04, followed by $213.44 and then at SMA100 at $213.07.

spy30sept SPY daily chart on 1Option Platform

F-lab on StockTwits

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