trading date: March 30, 2017 –
The market priced in tax reform and some of the “fluff” has been taken out in the last two weeks. Trump will have a couple of months to make progress and a repeat performance of the healthcare debacle would be bearish.
Use SPY $233 as your stop.
Resistance will lie at yesterday’s high at $235.81, followed by $237.36.
Support will lie at yesterday’s low at $234.73, followed by $233.14.