FOMC Minutes Might Provide A Little Action - SPY Trapped Between $215 - $217

One Option Trading Blog http://ift.tt/2dIcREq Posted 9:30 AM ET - Up one day and down the next. That pattern continues to repeat and the market is trapped in a tight range between SPY $215 and $217. We continue to wait for the next news event hoping that it might force a breakout/breakdown. The FOMC minutes could provide a little action tomorrow. Fed officials are very divided and we might gain some insight on how anxious they are to hike in December. The soft jobs report came out after the FOMC meeting so that will NOT be factored into their comments. Earnings season will begin after the …