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Monday, July 13, 2015

Market Will Rally Above the 100-Day MA and Hold Thru July Options Expiration


One Option Trading Blog http://ift.tt/1IVu6MM PLEASE RATE MY MARKET FORECAST ON INVESTIMONIALS. My analysis has been spot on for many month and your reviews motivate me to keep this blog going. Posted 11:30 AM ET - The macro backdrop has improved since Friday and the SPY is challenging the 100-Day MA. This resistance level should hold for a few days, but earnings season should push us through later in the week. I am not looking for an explosive breakout, but we should be able to challenge the highs in July. China's market has stabilized. The trade numbers showed improvement and GDP, retail …

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