Options Trading Strategy - Scale Into Bullish Put Spreads - Major Support Is At SPY $192

One Option Trading Blog http://ift.tt/1QvO7tS TAKE THE FREE TRIAL AND SEE WHAT WE ARE TRADING TODAY Posted 9:45 AM ET - Last week, the Fed did not raise rates. Typically the market would have rallied on the news. Stocks have gradually been drifting lower and the S&P 500 is down 27 points before the open. We could test horizontal support at SPY $192 today. I believe the market will find support this week. Seasonal weakness will run its course soon. Asset Managers are pulling their bids so they can gauge selling pressure. As soon as support is established, they will start …