This Is My Option Trading Game Plan For the First Month - Watch For These Patterns Today

One Option Trading Blog https://ift.tt/2ZRh1kE Posted 9:30 AM ET - The 20’s are going to start on a positive note and the S&P 500 is up 18 points before the open. It will challenge the all-time high that was set last Friday. I will be watching for signs of early selling and the bid will be tested. The price action this morning will help me gauge resistance. If we back off quickly and drift lower the entire day could be vulnerable to profit-taking is heavy. If the market is able to hold the early gains and grind higher we might have a little more headroom. I …