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USA Stocks Market Outlook

trading date: March 29, 2017 –

The 50-day moving average worked as support on yesterday’s session: a big positive movement has been done.

Many corporations have moved their headquarters overseas in favor of lower tax rates and Trump plans to reverse this trend.

Resistance will lie at yesterday’s high at $235.81, followed by $237.36.

Support will lie at yesterday’s low at $233.14, followed by $231.61.

 SPY daily chart on 1Option Platform

F-lab on StockTwits

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