One Option Trading Blog https://ift.tt/2KCz5ZL Posted 9:30 AM ET - Yesterday the market took a breather after extremely volatile conditions the last two weeks. The first hour range was intact for most of the day, but sellers surfaced when bond yields plummeted. The SPY found support above the $282 level and buyers gobbled up shares at that level. That reversal off of support is fueling a rally this morning. Yesterday US bonds spiked during the day and you can see that on a five-minute chart of the TLT (US 20 Year Treasuries). That is a buying climax and the highs should be in for the rest …
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