+39 340 0011727 info@equantica.it

USA Stocks Market Outlook

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.

 SPY daily chart on 1Option Platform

F-lab on StockTwits

Leave a Reply

Your email address will not be published. Required fields are marked *

} ) ( jQuery );