trading date: November 02, 2016 –
The market breakouts the limited range with volume: this could be the beginning of the downtrend.
The next step could be the SMA200$. Today FOMC Minutes.
Resistance will lie at yesterday’s high at $212.99, followed by $213.19 and then $213.93.
Support will lie at yesterday’s low at $209.60, followed by $208.86 and then the biggest support that is the SMA200 at $208 level.