One Option Trading Blog https://ift.tt/36MC3T6 Posted 9:30 Am ET - Yesterday the market rebounded after an early drop and it closed near the high the day. This morning we will probe for support again on concerns that the Coronavirus will have a substantial impact on China's economic growth. Support at SPY $322 is growing and it has been tested multiple times this week. Earnings season has been good and mega cap tech stock reactions (Apple, Facebook, Microsoft and Amazon) have generally been good. We will hear from Google next week (Feb 3). These tech giants comprise 20% of the S&P 500 and they will determine market …
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