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USA Stocks Market Outlook

trading date: November 04, 2016 –

Another bearish day: We are very close to the 200-day and it needs to be tested.

After that we might see a small year end bounce and more selling in Jan.

Resistance will lie at yesterday’s high at $210.24, followed by $211.10 and then $212.99.

Support will lie at yesterday’s low at $208.46, next to the SMA200 at $208.20.

spy4nov SPY daily chart on 1Option Platform

F-lab on StockTwits

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