One Option Trading Blog http://ift.tt/2m2ATfq Posted 9:00 AM ET - Yesterday we saw a light round of profit-taking and that is spilling over today. The market has staged an impressive rally and it got a little ahead of itself. This is a three-day weekend and investors are locking in profits. The breakout from three weeks ago is legitimate and all of the pieces are still in place for a rally. Look for soft price action this morning. Minor support is at $233.50 and I'm expecting it to hold today. When sellers can't push the market lower this morning we will see a reversal. Yesterday I told …
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