One Option Trading Blog http://ift.tt/1Vfv7Vz Posted 9:35 AM ET - Yesterday's FOMC statement was more dovish than expected. As forecasted, we got the rally and the SPY closed at a new high for the year. We are headed for a news vacuum and the current momentum should push us higher. The market has been in a pattern where it opens on the low and closes on the high this week. That is a very bullish pattern. Oil is moving higher this morning and that is also bullish. The early dip should run its course quickly and I am expecting a grind higher. I will be day …
No comments:
Post a Comment