One Option Trading Blog http://ift.tt/1s9FKON EDUCATIONAL DAY TRADING VIDEO - HOW TO FADE THE MARKET Posted 9:40 ET AM - Last Thursday the market breached major support at SPY $204. Yesterday, we broke through major resistance at $208 and we will challenge $210 this week. Profit-taking was not strong enough to push us lower last week and buyers stepped in with confidence once support held. We can expect whipsaws like this over the summer. Greece secured its loan and this dark cloud has parted. Everyone expected them to reach a deal. Similarly, everyone expects the Fed to stay sidelined in June, but …
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