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USA Stocks Market Outlook

trading date: March 15, 2017 – 

Today, there is FOMC statement. There are some nervous jitters ahead of the rate hike. It has been typical for the market to decline ahead of the Fed and to rally after the announcement.  MARKET

Trading volume was light.

Resistance will lie at yesterday’s high at $237.24, followed by $237.86 and then $238.61.

Support will lie at yesterday’s low at $236.19, followed by $235.74 and then $235.41.

SPY daily chart on 1Option Platform

F-lab on StockTwits

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