One Option Trading Blog https://ift.tt/3ep0PwL Posted 9:30 AM ET - Last Monday the S&P 500 shot up to the high end of its range and it spent the rest of the week hanging onto those gains. Optimism that a vaccine will be developed this year and that consumers are anxious to resume their normal lifestyles is fueling a massive rally this morning. The S&P 500 is slated to low through major resistance at the 200-day moving average. There hasn't been much incremental news during the three-day weekend, but my personal observation is that people are less fearful of the Coronavirus and they are shopping and interacting …
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