One Option Trading Blog http://ift.tt/1p48Du9 1 WEEK FREE TRIAL - SEE WHAT WE ARE TRADING IN THE CHAT ROOM Posted 9:30 AM ET - Yesterday the market drifted lower throughout the day and it closed on its low. The PBOC/BOJ bounce has run its course and resistance at SPY $195 is holding. The news is fairly light this week and now that the downward momentum has been established, we are seeing follow-through selling this morning. Minor support at SPY $191.50 will be breached. Major support is at SPY $187.50. We have the signs of exhaustion that I've been looking for and …
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