Monday, March 28, 2016

Market Movement With Volume - Great For Day Trading and Bull Put Spreads


One Option Trading Blog http://ift.tt/1PABlrN Posted 9:30 AM ET - Last week the market tested support at SPY $202 and the 200-day moving average held. The action will pick up this week and we have a number of significant news releases. Q1 window dressing will spark rotation and we should have an excellent environment for day trading. Friday was a national holiday and Q4 GDP was released. Our economy grew at 1.4% and that was better than the prior reading of 1%. ADP will be released on Wednesday and we will get the jobs report on Friday. A number around 200K would be market friendly. We …

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