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USA Stocks Market Outlook

trading date: November 07, 2016 – 

The SPY continued its move lower and closed negative for the 7th straight session.

The Fed is intent on raising in Dec and the jobs report won’t mean much.

The polls are tightening.

Resistance will lie at friday’s high at $209.89, followed by $210.24 and then $211.10.

Support will lie at friday’s low at $208.38, nex to the SMA200 level at $208.29.

spy07nov SPY daily chart on 1Option Platform

F-lab on StockTwits

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