One Option Trading Blog http://ift.tt/29oLmNg Posted 9:30 AM ET - The market rebounded yesterday and it paused just below the 200-day MA for most of Tuesday. Late in the day we saw a nice rally through that resistance level and this morning we will challenge the 100-day MA. The market is likely to float back into the trading range. End of quarter window dressing attracted buyers. Earnings season is right around the corner and that typically attracts buyers. The 4th of July holiday is a few days away and major holidays tend to be bullish Central banks are printing money like mad and they will be …
No comments:
Post a Comment