One Option Trading Blog http://ift.tt/2gAD1YF Posted 9:30 AM ET - Yesterday the market was strong the entire session and it closed on the high the day. The momentum clearly points higher. All eyes will be watching the FOMC statement this afternoon. A rate hike is priced in and so are dovish comments. I believe the Fed will point to the back half of 2017 for the next rate hike because they want the transfer of power to go smoothly. Normally, this rhetoric would have sparked another leg higher. Because we've rallied so hard in the last week I believe the upside is relatively contained and this …
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