Market Is Likely To Bounce Today - Watch For This Pattern [Hold Overnight If You See This]

One Option Trading Blog https://ift.tt/3cok1e5 Posted 9:30 AM ET - We haven't seen a market drop like this since the 2008 financial crash. Panic selling sparked by the coronavirus accelerated as bullish speculators dumped stocks. Under-hedged Asset Managers scrambled to add protection and that fueled the move. The S&P 500 has been down 40 points and up 40 points in the overnight session. Where do we go next? I believe that the market will find its footing this week and that the selling will abate. Last Friday we saw a 70 point S&P 500 rally in the last 15 minutes of trading. That was caused by …