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USA Stocks Market Outlook

trading date: April 11, 2017 –

The market feels heavy and we are seeing two-sided price action. There are plenty of positives and negatives. Volatility will increase during the next two months and the volume will be brisk.

We are in a tight trading range.

Earnings season will begin this week and that is a positive.

Resistance will lie at yesterday’s high at $236.26, followed by $236.52 and then $237.39.

Support will lie at yesterday’s low at $234.73, followed by $233.91 and then $232.92.

 SPY daily chart on 1Option Platform

F-lab on StockTwits

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