One Option Trading Blog https://ift.tt/38HaSfi Posted 9:30 AM ET - Yesterday the SPY rallied above horizontal resistance at $315.65 and the QQQ made a new all-time high. Last week's economic numbers were excellent and ISM services came in at a very robust 57.2 Monday. Earnings season will begin next week and that typically attracts buyers. Look for positive price action for the next few weeks. China's market rallied more than 5% yesterday and they have a two month head start on the rest of the world since their shutdown ended in April. Their economic releases have been decent, but consumers are still cautious. Last week we …
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