trading date:January 31, 2017 –
Last week the market made a new all-time high as Trump executed his game plan. The promise of reduced business regulation and lower corporate taxes sparked buying.
The S&P 500 was down yesterday: there are nervous jitters ahead of the FOMC meeting on Wednesday.
Resistance will lie at yesterday’s high at $228.20, followed by $229.59.
Support will lie at yesterday’s low at $226.41, followed by $225.41 and then $224.96.