Monday March 13, 2017
Economic Calendar & Watch List
Morning Notes
US Futures are drifting slightly lower this morning while European stocks also trade in the negative as the price of crude falls -0.80%, approaching 4 month lows which is weighing on energy producing stocks. Asian stocks closed mostly higher.
Technicals
The SPY pivoted back higher throughout Friday’s session and closed slightly off the intraday highs. Support will lie at the low of Friday’s range at $236.59, followed by$235.74, $235.41, $235.09, $233.95, and $233.85. Resistance will lie at the high of Friday’s range at $238.02, followed by $238.12, $238.61, $239.57, and record highs at $240.32.
Small Cap Watch List
*Please refer to the momentum scanners displayed live in the chat room for potential plays at the market open.
**Others On Watch**
NONE
Economic Calendar
9:00 Labor Market Conditions Index
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
