These Are Bearish Signs For the Market - My Bias Has Soured

One Option Trading Blog https://ift.tt/2Olkwsh Posted 9:30 AM ET - Yesterday the market staged an impressive rally and I thought that we might finally break the cycle of weakness in the last hour of trading. The S&P 500 was up over 50 points and it gave half of that back in the last 45 minutes of trading. This is bearish price action during the two most bullish weeks of the year. Seasonal strength and record profits should have fueled a bounce that never looked back. It's possible that the elections and the FOMC are keeping buyers at bay, but I still expected better off of a …