One Option Trading Blog https://ift.tt/352rdIc Posted 9:30 AM ET - During the last four days the market has closed higher than the open resulting in green candles. The bid has been tested early in the day and buyers are still engaged. We will lean on this pattern for our day trades. Unfortunately, the trading volume is light and so is the level of conviction. Asset Managers are not chasing stocks when they are trading at the upper end of their valuation range. They are not worried that they will miss a year-end rally. We are currently in a news vacuum and that favors the upward momentum. …
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