trading date: March 03, 2017 –
Very bearish day on yesterday’s session! USA Stocks Market Outlook
The Fed will hike rates in March: many officials are saying as much and analysts have the probability at 80%. A second rate increase in just three months will spook some investors. We’ve only seen two rate increases in the last three years and this is fairly aggressive.
Resistance will lie at yesterda’y high at $239.57, followed by $240.32.
Support will lie at yesterday’s low at $238.21, followed by $236.02.