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USA Stocks Market Outlook

trading date: March 09, 2017 – 

Yesterday’s morning we learned that 298,000 new jobs were created in the private sector during the month of February. That is an incredibly strong number and it exactly what we need. Good news is good news.

Analysts believe that there is an 80% chance that the Fed will raise rates next week.

Resistence will lie at yesterday’s high at $237.64, followed by $237.77 and then $238.61.

Support will lie at yesterday’s low at $236.40, followed by $236.02 and then $235.41.

 SPY daily chart on 1Option Platform

F-lab on StockTwits

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