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USA Stocks Market Outlook

trading date: January 23, 2016 – 

The market continues to search for a driver and the S&P 500 has not been able to breakout of this 10 point range in two weeks.

Earnings season will be in high gear next Wednesday and that should attract buyers.

Resistance will lie at yesterday’s high at $227.31, followed by $227.75 and then $228.23.

Support will lie at yesterday’s low at $225.97, followed by $225.41 and then $224.96.

 SPY daily chart on 1Option Platform

F-lab on StockTwits

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