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USA Stocks Market Outlook

trading date: October 05, 2016 – 

We are just waiting for something that will drive the market: ADP non-farm employment change – a precursor to Friday’s official number – was 154K and that market likes it.

Resistance will lie at yesterday’s high at $216.17, followed by SMA50 at $216.78 and then $217.12.

Support will lie at yesterday’s low at $215.01, followed by $213.99, followed by SMA100 at $213.32 and then $212.50.

spy5oct SPY daily chart on 1Option Platform

F-lab on StockTwits

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