One Option Trading Blog http://ift.tt/2jKVd3v Posted 8:45 AM ET - The market is trapped in a tight range and a busy week of news did not result in a breakout. I am writing today's comments before the Unemployment Report and I don't think it will have much of an impact this morning. Until the SPY closes above $229 or below $225 I will keep my trading activity light. Traders waited patiently for the FOMC statement. We saw nervous action before the release and the news barely moved the needle. Fed officials unanimously voted to keep rates unchanged. They cited improving labor conditions and balanced economic risks. …
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