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Monday, April 3, 2017

Market Needs Strong Data This Week - Watch Financials and SPY $235


One Option Trading Blog http://ift.tt/2nA7SZD Posted 9:00 AM ET - A week ago the market sold off on worries that Trump would not be able to execute his game plan. The healthcare bill never even made it to vote and the GOP is fragmented. Investors are concerned and the S&P 500 dropped 20 points last Monday. Stocks gradually recovered last week and the SPY rallied back above support at $235. We will lean on that level and use it as our guide. Trump won't get any support from Democrats and he has an uphill battle before him. This won’t get any easier until he scores some …

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