One Option Trading Blog https://ift.tt/3bVUyIT Posted 9:30 AM ET - The S&P 500 will open nine points higher this morning and all of the losses from Monday morning will be erased. As I mentioned in my comments this pattern has repeated four weeks in a row. Asset Managers are passive on Fridays and the market finishes on a cautious note heading into the weekend. Traders monitor the spread of the Coronavirus and the bid returns Monday morning. Tiny bodied candles (dojis) can be seen on the daily chart and that is an indication that intraday ranges are very compressed. I don't believe we will see much …
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