One Option Trading Blog http://ift.tt/2mSsGz0 Posted 9:00 AM ET - Yesterday the market probed for support and it filled the gap from last Wednesday. After the initial move, the price action was lackluster. I expect to see nervous trading ahead of the FOMC statement (March 15th). Fed officials have been hawkish and the probability of a rate hike next week is 80%. Janet Yellen said that three rate hikes are possible this year. This is an aggressive agenda and it needs to be supported by economic growth. Global and domestic economic activity has been steadily improving. China posted strong PMI's last week and US ISM manufacturing …
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