Dovish FOMC Minutes Expected - Market Near Resistance - Upside Limited

One Option Trading Blog https://ift.tt/33Q2OWL Posted 9:30 AM ET - Yesterday we saw little profit-taking and the S&P 500 is resting near its 100-day moving average. The overnight news is very light and this morning we are bouncing off of that support level. We are in a news vacuum and traders will latch onto anything they can find. All eyes are fixed on the FOMC minutes this afternoon. Dovish tones are expected and stocks are moving higher in advance of the release. "Fed speak" in Jackson Hole Thursday and Friday might spark a little action. Tomorrow flash PMI's will be posted. Europe has been particularly weak. …