One Option Trading Blog http://ift.tt/2lVVOR8 Posted 9:00 AM ET - Open on the low and close on the high. That is a very bullish pattern and we've been in it for the last week. The S&P 500 is down five points before the open and you should know the game plan by now. Day traders, be patient and wait for support to be established. When the market stops going down, start scaling into long positions. We have been killing it in my day trading chat room. Down opens don't scare me, in fact I welcome them. They help me identify relative strength and I have time …
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