Market Diary – Tuesday Aug 16, 2016

Directional Bias For The Day: S&P 500 future is edging lower and odds are high for a down or sideways day On 2-hour chart, S&P future is in a uptrend but is at the trend-line; it is still making higher highs and higher lows; Critical support levels for S&P 500 are 2186.22, 2182.28, and 2178.49 Critical resistance levels for S&P 500 are 2193.81, 2197.74…