One Option Trading Blog http://ift.tt/2HNivCV Posted 9:30 AM ET - We are going to make a lot of money this week. The market wants to rebound and last week we consolidated after a big bounce. The bid had to be confirmed and the FOMC minutes were the perfect test. After a nasty reversal Wednesday, buyers showed their appetite for stocks at the 50-day moving average. The SPY closed above my target of $274 on Friday and we are off to the races this morning. I believe this entire drop was sparked by extreme bullish sentiment. Once "weak hands" were flushed out trading programs kicked in. They …
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