One Option Trading Blog https://ift.tt/2WQ191N Posted 9:30 AM ET - This week the market has rallied to the upper end of its trading range and it is trying to get through major horizontal resistance and the 100-day moving average. Investors are encouraged that states are reopening and that the number of new Coronavirus cases is not spiking. The Federal Reserve is providing a safety net and Asset Managers are erroring on the side of being long. I believe the S&P 500 will finish the week above its 100-day moving average. Rhetoric between China and the US is heating up again and the S&P 500 is down …
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