One Option Trading Blog https://ift.tt/2LMn9D4 Posted 9:30 AM ET - The market is trapped in a range between SPY $270.70 and $274. It will compress during the trade negotiations and we need to wait for a breakout in either direction. Until then, expect lots of "noise" within the range. The price action this week has been random. Large gains one-day are reversed the next day. I don't trust the opening rally this morning. The leading party in Italy has formed a coalition and that has eased credit concerns. Economic releases have been positive. The Unemployment Report showed that 223,000 jobs were added and wages increased .3% …
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