One Option Trading Blog http://ift.tt/1H4wUbJ TAKE THE 1 WEEK FREE TRIAL FOR INVESTORS AND FOLLOW OUR TRADES Posted 9:00 AM ET - Last week the market fell below the 200-day and the 100-day moving averages. The selling pressure was relatively heavy and stocks closed on the low of the week. We are getting a small bounce this morning, but it will quickly falter. The downside needs to be tested before we get a meaningful rally. Asset Managers are not worried that they will miss a year-end rally and they have pulled bids. The downward momentum has been established and there is nothing …
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