trading date: March 02, 2017 –
Yesterday, before the opening, The S&P 500 was up 16 points and Trump’s speech was well received.
A big gap higher like this will attract bullish speculators. Once the early excitement wanes we could see profit-taking.
Resistance will lie at yesterday’s high at $240.32, the new all-time high.
Support will lie at yesterday’s low at $238.37, followed by $236.02.