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Tuesday, January 19, 2016

Table Is Set For A Rally - Wait For This Pattern and Then Buy!


One Option Trading Blog http://ift.tt/1V5bAEP Do you trade everyday? GET ALL OF MY RESEARCH FREE Posgted 10:00 AM ET - Last week we experienced extremely heavy selling and the market tested major support at SPY $187.50 on Thursday. We fell below that level on Friday and the selling was fueled by option expiration. Fortunately, we saw a bounce and the market was able to close at $187.50. The volume was extremely heavy and this could mark a capitulation low. Today the market is rallying on good news from China. GDP came in at 6.8% and IP/retail sales were okay. The trade numbers …

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