Friday, April 29, 2016

Forecast Right On the Money - Here’s How To Trade the Market Today


One Option Trading Blog http://ift.tt/1r219Zi WATCH MY TRADES IN THE CHAT ROOM - TAKE THE FREE TRIAL Posted 9:30 AM ET - For weeks I've been forecasting a rally and a high that culminates around the FOMC. We are getting the pullback I expected and resistance is building. In the chat room we traded the bounce yesterday and we shorted the market in the afternoon. I purchased VXX in the early afternoon and held it overnight. Bullish speculators are going to get flushed out. The first wave of selling off of a high tends to come quickly …

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