Market At Critical Juncture - SPY $200 Would Set-up A Great Short - Be Patient

One Option Trading Blog http://ift.tt/1R7cPjl 1 WEEK FREE TRIAL - SEE WHAT WE ARE TRADING IN THE CHAT ROOM Posted 9:30 AM ET - After a slow start, the market was able to grind higher yesterday and it finished just below resistance at SPY $195. This was a better showing than I expected and we are seeing follow-through this morning. If the market can hold $195 today, it has a chance to test $200 next week. Tuesday we will get China's official PMI and that will be a very important number. If it is better than feared, the market will rally …