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USA Stocks Market Outlook

trading date: December 13, 2016 – 

The market breakout last week was solid.

Fed will hike rates Wednesday. Market is prepared. They need to point to back half of 2017 for next move.

Resistance will lie at yesterday’s high at $226.96, the new all-time high.

Support will lie at yesterday’s low at $225.76, followed by $225.37 and then $224.26.

 SPY daily chart on 1Option Platform

F-lab on StockTwits

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