One Option Trading Blog https://ift.tt/2MmQsOR Posted 9:30 AM ET - The S&P 500 has been trapped in a 100-point range since April. Traders are constantly in "wait and see" mode and the focus is on pending news. Sometimes the release is tweeted, sometimes it is a scheduled release and sometimes the timeline postponed indefinitely. When the news hits the wires we get an explosive move that lasts for an hour and then the market compresses the rest of the day. There are many political cross-winds and they shift daily. Three out of the last four days have resulted in a doji formation where the close is …
No comments:
Post a Comment