One Option Trading Blog http://ift.tt/2p399d1 Posted 9:00 AM ET - The market has been compressing and a wedge pattern has formed. If you draw a line across the recent highs and another across the recent lows you can see it. This technical pattern will be resolved one way or the other in coming weeks. Last Friday the jobs report was disappointing. Only 98,000 jobs were created and that was 80,000 less than expected. Personally I don't trust the number, but investors do. ISM services also missed and the economic signals are mixed. The Fed has an aggressive tightening agenda and an economic soft patch will spark …
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