One Option Trading Blog http://ift.tt/1OumtSn Posted 9:30 AM ET - Wednesday the market should have rallied on dovish remarks from the FOMC. When buyers could not push the market higher, profit-taking set in and stocks retreated. Yesterday, the market was down before the open and it looked like Brexit worries were going to spark a big round of profit-taking. If that move had gained traction, quadruple witching would have added fuel to the fire. The market found support and it rallied all the way back. We are seeing two-sided price action and that is likely to continue ahead of a binary event. The Brexit vote is …
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