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USA Stocks Market Outlook

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.

spy2novSPY daily chart on 1Option Platform

F-lab on StockTwits

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