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USA Stocks Market Outlook

trading date: October 06, 2016 –

Yesterday the SPY traded in a tight and limitated range with low volume.

The market is always in a compression area.

Resistance will lie at yesterday’s high at $216.13, followed by SMA50 at $216.72 and then $217.53.

Support will lie at yesterday’s low at $215.33, followed by $213.99 and then at SMA100 at $213.41.

spy6oct SPY daily chart on 1Option Platform

F-lab on StockTwits

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