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Monday, August 22, 2016

This Stock Pattern Is Better For Day Trading A Flat Market


One Option Trading Blog http://ift.tt/2bbtjMK Posted 9:30 ET AM - The market is trapped in a very tight range and trading volumes are half of their average level. We are in the summer doldrums and there is no news to drive the market. Even last week's FOMC minutes did not generate interest. Trading volumes will not return for another two weeks. Flash PMI's will be released tomorrow. They are not very significant now that China does not post its numbers. Janet Yellen will speak in Jackson Hole later this week. Employment conditions are improving and Brexit was a non-event. There is room for a rate hike …

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