One Option Trading Blog https://ift.tt/2FjiFiU Posted 9:30 AM ET - Yesterday the S&P 500 touched the 200-day moving average and it immediately bounced off of that support level. The volume during the drop earlier in the week was light and that was a sign that the selling pressure has eased. Earnings season is in high gear and the results have been good. The market is up before the open, but we have to be careful since these gaps higher have been faded. Facebook posted excellent results and mega cap tech stocks have a bid. Apple and Google were strong during the early market drop yesterday and …
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