Day Traders - Wait For Support and Buy This Dip - Sell Bullish Put Spreads

One Option Trading Blog http://ift.tt/1VIXEDh AVOID THIS DEATH TRAP - COMMON TRADING MISTAKE - PURE EDUCATION Posted 9:30 AM ET - Yesterday the market pulled back and we are seeing follow-through selling this morning. The last leg of this rally was fueled by quadruple witching and I expected weakness this week. The market will open at the 200-day moving average this morning. That level will attract buyers and I believe the damage will be contained. I've mentioned throughout the week that I want to fade early gaps. I will be day trading from the long side early this …