Buy the Next Dip Once Support Is Established - Bid Will Grow Into Earnings

One Option Trading Blog http://ift.tt/2tDIUho Posted 9:30 AM ET - Yesterday the market saw follow-through buying after the bounce on Friday. Prices seem to be firming up ahead of earnings season. The next dip will be very telling. If it is brief and shallow it will be time to scale into long positions. There is an old market adage, "the second mouse gets the cheese". I don't want to prematurely buy this bounce. The S&P 500 is in a small downtrend and tech stocks have taken a beating in the last few weeks. Major indices are hovering above support levels and I want to see those …