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USA Stocks Market Outlook

trading date: November 03, 2016 –

The Fed told everyone what they expected to hear – assuming everything continues along as it has been going along they raise rates in December.

If we do test the 200-day MA, that will be a good buying opportunity after the election.

Resistance will lie at yesteray’s high at $211.10, followed by $212.99 and then $213.93.

Support will lie at yesterday’s low at $209.23, followed by SMA200 at $208.09.

spy03novSPY daily chart on 1Option Platform

F-lab on StockTwits

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