One Option Trading Blog http://ift.tt/2wIttUF Posted 9:30 AM ET - Last week the market dropped below support at SPY $246. Once that level was breached buyers pulled bids and bullish speculators were flushed out. Stocks stabilize Friday and we are seeing a nice bounce this morning. Not much has changed over the weekend. The economic news remains light and the FOMC minutes on Wednesday will be the highlight. China's industrial production and retail sales were little soft this morning. Earnings season is winding down. The Fed and Congress are in recess. Investors typically get nervous when no one is “minding the shop”. Swing traders can sell …
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