One Option Trading Blog http://bit.ly/2KoGDQO Posted 9:30 AM ET - The market has closed where it opened five of the last six trading days. Trading volume is low and we are trapped in a range. The FOMC statement tomorrow should be a catalyst in one direction or the other. Dovish comments from the ECB are fueling a rally this morning and the S&P 500 is up 18 points before the open. Interest rates in Europe are at 0% and the central bank is out of monetary bullets. Postponing future rate hikes is all they can do. The reaction to the FOMC statement tomorrow will revolve around …
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