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Thursday, August 20, 2015

Market Correction Is On Our Doorstep - We Could Hit An Air Pocket Today Or Friday


One Option Trading Blog http://ift.tt/1NHgTqu I RECORDED THIS VIDEO THIS MORNING - PLEASE WATCH IT Posted 9:30 AM ET - We are seeing bona fide selling and the market will break major support levels today. The long awaited correction is on our door step and we could hit an air pocket today or tomorrow. Asset Managers will pull bids and gauge the selling pressure. Option expiration could fuel the selling as traders adjust their positions The FOMC minutes were deemed dovish, but the truth rings loud. Global conditions are so weak that the Fed can't raise rates. The PBOC has …

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