One Option Trading Blog https://ift.tt/2TmEhEe Posted 9:30 AM ET - It's never a good sign when you have to go to a weekly chart to find the next technical support level. The S&P 500 is in a freefall and panic selling has set in. Coronavirus is officially on everyone's radar now and it is getting the attention it deserves. I'm not going to get into the details of the outbreak because you can't escape the minute-to-minute updates on major media outlets. Friday's have typically been soft even before the panic selling. Traders are not going to want to go home long and I expect to see …
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