One Option Trading Blog http://ift.tt/2qVAO2T Posted 9:30 AM ET - Yesterday the market closed just below the all-time high. The losses from last Wednesday have been recovered and buyers are still engaged. Oil has stabilized and financials participated in the rally Tuesday. This is a bullish sign, but the move could have been a one-day event. The FOMC minutes will be released this afternoon and I believe Fed rhetoric will have a hawkish tone. We are currently in a news vacuum and trading volumes are low ahead of the holiday. There is an 80% probability that the Fed will hike in June. The FOMC minutes could …
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