+39 340 0011727 info@equantica.it

USA Stocks Market Outlook

trading date: October 13, 2016 –

The market closed at $213.71, below the SMA100 at $213.91. The Fed minutes delivered no surprises: The minutes are consistent with another rate hike in December.

Earnings season has started and that is usually bullish.

Resistance will lie at yesterday’s high at $214.32, followed by $215.74 and then $216.30.

Support will lie at yesterday’s low at $213.01 and then $212.58.

spy13oct SPY daily chart on 1Option Platform

F-lab on StockTwits

Leave a Reply

Your email address will not be published. Required fields are marked *

} ) ( jQuery );