Market Has 2 Big Support Levels - Don’t Get Short Until They Fail - Fed Watch

One Option Trading Blog http://ift.tt/1V6pBED NEW DAY TRADES FOR MONDAY - CLICK TO WATCH THIS SHORT VIDEO Posted 8:30 AM ET - Last week the market rallied through two major resistance levels. It is above the 100-day moving average and the 200-day moving average. We have these support levels to lean on this week. Central banks have been printing money like mad. The BOJ pushed rates into negative territory a few weeks ago and China has been pumping liquidity into its banking system. Last week the ECB lowered rates by 10 basis points and increased asset purchases. …