One Option Trading Blog http://ift.tt/1YFmfIc Posted 9:30 AM ET - Yesterday I said that the market was going to do what it wanted to do and that the FOMC minutes would be cited as the reason for the move. Sellers did not like the hawkish comments and the market sold off after the release. We are seeing follow-through this morning and major support will be challenged at SPY $204. I will use that level as my guide. The Fed's tone was more hawkish a month ago and they said the probability of a rate hike has increased as global risks subside. We already knew this and …
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