One Option Trading Blog https://ift.tt/3k1ALv5 Posted 9:30 AM ET - The market staged an incredibly strong rally last week and we saw three days where the gap higher never traded below the high from the prior day. Yesterday we filled in the gap from Monday and this morning we will fill in the gap from Friday. When the market gets ahead of itself we can expect profit taking. Much of the bad news that I've been outlining has been discounted and now it is coming back to roost. Some analysts are blaming the 40 point S&P 500 decline overnight on the stimulus bill (or lack thereof). …
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