Market Likely To Tread Water At the Low End of the Range - Late Day Selling Would Be Bearish

One Option Trading Blog http://ift.tt/1TAMUro If you like to buy options on stocks that are breaking out, sign-up for this system - Special Offer $99/quarter through Sunday. CLICK HERE FOR MORE INFORMATION. Posted 9:15 AM ET - Wednesday the market breached the 200-day moving average and we saw a swift reversal. That momentum continued yesterday and it looked like a nice rally was underway. In the last hour of trading, the bottom dropped out and the S&P closed in negative territory. We can expect choppy light volume trading near the low end of the range next week. In my comments yesterday I …