One Option Trading Blog https://ift.tt/2KNPaeb Posted 9:30 AM ET - Yesterday the S&P 500 declined after gangbuster earnings from tech giants. Earnings from Apple and Amazon did not spark excitement overnight and the S&P 500 is down 60 points before the open. We will breach technical support at SPY $288 and the back half of earnings season will be disappointing. In my comments the last two weeks I have been pointing to this moment as a likely buying climax. The "air" has been let out of the balloon and we need to prepare for a bearish news cycle in the next few weeks. Amazon and Apple …
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