Friday June 17, 2016
Economic Calendar & Watch Lists 6/17/2016
Morning Notes
US Futures are slightly lower this morning, erasing overnight gains while European markets are trading higher by over +1% as campaigning for Brexit has been suspended for a second day after the murder of a British lawmaker. Asian stocks closed mostly higher.
Technicals
The SPY traded higher in yesterday’s session snapping a 5 day losing streak. Support will lie at the low of yesterday’s range at $205.90, followed by short term ascending support at $205. Resistance will lie at the critical resistance pivot of $207, followed by the high of yesterday’s range at $208.57, then $209.36 and $210.37.
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**
Economic Calendar
8:30 May housing starts expected -1.9% to 1.150 million
Notable Earnings Before Open
NONE
Notable Earnings After Close
NONE
