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Monday, August 28, 2017

Market Doldrums Are Almost Over - Get Ready For Action


One Option Trading Blog http://ift.tt/2vwt7zF Posted 9:30 AM ET - Three weeks ago the market was trapped in a tight range near the all-time high. Two weeks ago support was breached and we had a series of random gaps in both directions. Last week the market started to settle down and we are likely to trade in a tight range this week. A major holiday is approaching and the volume will decline. The news is light on all fronts (political, economic, earnings and interest rates). Swing traders should stay sidelined until we get a nice pullback. We could see that in a few weeks when the …

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