Tuesday, March 31, 2020

Here’s Proof That the Market Bid Is Strong - Buy Dips This Week


One Option Trading Blog https://ift.tt/39xp75d Posted 9:30 AM ET - Yesterday the market opened flat and that was an improvement. The prior three weeks we have seen limit down moves to start the week. As the day progressed, the bid strengthened. I believe that we will see some dire news this week as the coronavirus continues to spread in the US. Economic releases will be horrific and fear should climax in the next week or two. China's manufacturing PMI came in at 52 and that suggests that the rebound is underway. Italy had its lowest number of new Ccoronavirus cases in almost 2 weeks and conditions …

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