One Option Trading Blog http://ift.tt/2l3ODdO Posted 9:00 AM ET - Last Friday the S&P 500 was down 11 points before the open. It looked like we were going to have a nasty day, but I encouraged you to remain calm. The market found support during the first hour of trading and we spent the rest of the day grinding higher. By the close, stocks finished in positive territory. This price action was bullish and it shows that buyers are still engaged. Bullish speculators were flushed out early in the day and buyers started to nibble. This rally still has room to go, but the gains will …
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