One Option Trading Blog http://ift.tt/1IXjoCb Posted 9:50 AM ET - When you have nothing, you take what you've got. We are in a news vacuum and commodity stocks are weighing on the market. That is the only news and the tone is negative. The SPY closed below the 200-day moving average yesterday. We are likely to test the downside this morning. The 200-day moving average is not that significant – we have broken it with ease. The 100-day moving average is just above major horizontal support and it is much more important. I hope that we go down and test it because that will set up …
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