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Monday, April 6, 2020

Sellers Will Test the Market Bid Early - Here Is the Tactic You Should Use For Day Trades


One Option Trading Blog https://ift.tt/3bYVbAz Posted 9:30 AM ET - The S&P 500 is up 90 points before the start of a very "heavy" news week. The death toll from the Coronavirus will jump dramatically as the virus spreads. Scientists believe that we could be close to the global peak and there are signs that the spread rate is starting to decelerate. Buyers and sellers will be pairing off as the bottoming process for the S&P 500 begins. Buyers feel that this is an excellent buying opportunity and that trillions of dollars of federal stimulus will "bridge" the one month income void created by the shutdown. …

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