Market Diary – Tuesday Aug 23, 2016

Directional Bias For The Day: The futures are higher after breaking above a resistance Odds are high for an up day On Monday at 4:00 PM, S&P future closed at 2180.50 and the index closed at 2182.64 – a spread of about 2.00 points Critical support levels for S&P 500 are 2179.25, 2175.13, and 2168.50 Critical resistance levels for S&P…