One Option Trading Blog http://ift.tt/1Z5K6Fh Posted 11:30 AM ET - Yesterday, the market sold off in sympathy with China. Horizontal support at SPY $200 held. The market established a low early in the day and it never got close to challenging it. It made a higher low and it gradually moved upward the rest of the day. As I explained in my comments yesterday, this is the most likely scenario. I day traded from the long side and I'm doing so again today. The market will bounce this week. Yesterday's move was sparked by an 8% selloff in China. You won't hear anyone else talk about …
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