One Option Trading Blog http://ift.tt/1T1rRe7 Posted 9:40 AM ET - Yesterday the market opened on its high and it closed on its low. This is the third day in a row and this has turned into a bearish pattern. The SPY is below $205 and I believe we will probe for support this morning. If the market catches a bid, we will reverse and grind higher. If not, we could take out the low from last Thursday ($203.20) and challenge $202 this week. There was not much news overnight. The price action yesterday was lackluster and China had its slowest session of the year. China will …
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