One Option Trading Blog http://bit.ly/2BzCF1X Posted 9:30 AM ET - Yesterday the market rallied above critical resistance at SPY $274. That is the 200-day moving average and the gains held. Most of the action has come overnight and once the initial move is made, the volume drops off. Intraday ranges are very tight and the market is constantly waiting for the next piece of good news. Trade talks with China seem to be going well. Trump said that as long as there is progress he is willing to extend the March 2nd deadline. As soon as this meeting concludes we need to hear that another one …
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