trading date: October 04, 2016 –
The market drifted lower in yesterday’s session, but it is still collocated between the SMA50 and the SMA100. It tested the first support but it was not able to breakout it.
Resistance will lie at friday’s high at $216.04, followed by SMA50 at $216.82 and then $217.12.
Support will lie at friday’s low at $215.01, followed by $214.04 and then at SMA100 at $213.24.