One Option Trading Blog http://ift.tt/1OSFwG3 Posted 9:45 AM ET - Last week we had a small window of opportunity for a market move and it passed us by. The SPY was on a significant support level ($204) and traders were spooked by hawkish Fed minutes. If that support level had failed, stop orders would have been triggered and we could have slipped to major support at $200. Profit-taking was not strong enough to overpower buyers and we drifted back into the range. Unfortunately, trading volumes will decrease this week and the daily ranges will be tight. Flash PMI's did not have much of an impact and …
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