One Option Trading Blog https://ift.tt/3kxZs1P Posted 9:30 AM ET - The market has been struggling to regain its footing since the 150 point S&P 500 breakout Monday morning. That gap reversal Monday instantly tested the breakout and buyers have yet to return. Price action dictates all of my actions and we are going to take gains on our SPY position from Friday. I needed to see pent-up buying pressure and the last two days of trading have been very tenuous. The Coronavirus vaccines are a huge positive for economic growth in the next few months, but we have to get through this rough patch. Eli Lilly …
No comments:
Post a Comment