One Option Trading Blog https://ift.tt/2YAE6K4 Posted 9:30 AM ET - Yesterday the market gapped higher on strong results from Apple. Stocks rallied and it looked like the market might challenge the all-time high. Profit-taking started almost immediately and the headwinds are stiff. The FOMC statement sparked selling as expected and stocks tumbled. I've been pointing to this timeline for weeks and I believe the market is set for a pullback. After Apple posted strong results the stock retraced the entire day. If it breaks critical support at $212 it will roll over. I expect it to test that important breakout and if it holds the stock …
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