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Tuesday, February 18, 2020

Here’s How To Trade This Market Drop - Watch For This Pattern [We’ve Seen It For 3 Weeks]


One Option Trading Blog https://ift.tt/2vFOrrs Posted 9:30 AM ET - This morning the S&P 500 will open on a weak note after Apple said that it will not meet its revenue projections due to the Coronavirus. They did not make any adjustments to their guidance related to the virus when they reported earnings so this news should have been expected. The overnight selling has not been too heavy and previous Coronavirus dips have been bought. We've seen them the last few weeks and Mondays have rebounded nicely. The market bid is extremely strong and the impact from Coronavirus has been completely discounted. It is a temporary …

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