Too Many Jobs - Resistance Will Hold Today - ECB Important Next Week

One Option Trading Blog http://ift.tt/1QxMoDV 1 WEEK FREE TRIAL - SEE WHAT WE ARE TRADING IN THE CHAT ROOM Posted 9:30 AM ET - The price action this week has been bullish. The SPY rallied through horizontal resistance at $195 and we've seen follow-through buying the last few days. Stocks have been opening on their low and closing on their high. This is a bullish pattern and we are challenging major resistance at SPY $200 with ease. Central bank easing has been the primary catalyst. The PBOC and BOJ have been printing money and next week the ECB is expected to …