One Option Trading Blog https://ift.tt/36Qrssf Posted 9:30 AM ET - The market was able to rally above major resistance last week and it was able to hold the gains. SPY $295 is a critical level and you should use that support as your guide. As long as we are above it, focus on strong stocks with relative strength and sell out of the money bullish put spreads. The market is likely to tread water at this level while businesses reopen. Consumer spending is the key to this recovery and we will have clarity in a few more weeks. The spread of Coronavirus has been declining steadily …
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