One Option Trading Blog http://ift.tt/1oXwATW Posted 9:30 AM ET - Last week the market rallied 100 S&P points off of the low. Prices got a little stretched towards the end of the week and we retraced slightly into options expiration. This morning we will be challenging the highs from last week and horizontal resistance at SPY $195. The rally this morning is a bit puzzling. Flash PMI's missed expectations. Europe was okay, but Japan missed by a large margin. China no longer publishes a flash PMI and we will have to wait for the official number next week. The economic news is light and there is …
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