One Option Trading Blog https://ift.tt/2q0I77i Posted 9:30 AM ET - We have seen heavy selling for the first time in years. Yesterday the S&P 500 barely had an uptick for the first five hours trading. The futures were down 80 points and the 200-day moving average was breached with ease. Asset Managers are not going to be aggressive buyers with that type of price action. In fact, they are in "risk off" mode and they are selling. Don't trust this early bounce. Earnings season is approaching and profits should calm nerves. The results will be excellent. This is the only thing keeping a bid to the …
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