One Option Trading Blog http://ift.tt/2fbBydJ Posted 9:30 AM ET - The S&P 500 is five points away from a new all-time high. Option expiration did not provide the spark I was looking for and we needed a melt up yesterday. Now we are likely to tick higher on light volume ahead of Thanksgiving and we should breakout very soon. The news is light and there is nothing to stand in the way of this rally. This morning I will wait to make sure the downside is not tested. As soon as I'm comfortable that the bid is there I will start scaling into long positions. I …
No comments:
Post a Comment