One Option Trading Blog https://ift.tt/3gbFAQ1 Posted 9:30 AM ET - Yesterday the S&P 500 rallied above the 200-day moving average and support was confirmed. End-of-quarter fund rebalancing had a negative influence on the market and that influence has run its course. Beginning-of-the-month fund buying and the eve of Q2 earnings season should attract buyers. Coronavirus fears will constrict consumer spending, but quantitative easing and fiscal stimulus will be initiated if the economic recovery stalls. Buyers and sellers are paired off and the market is likely to trade in a range for the next six weeks. The Coronavirus is spreading and some states are returning back to …
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