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.