One Option Trading Blog https://ift.tt/35iGYxE Posted 9:30 AM ET - Yesterday the S&P 500 took a pause after a monster breakout on Monday. News that Pfizer will start distributing its highly effective vaccine before year-end sparked a 150 point rally to start the week. Those gains gradually disappeared during the day and yesterday the market filled that opening gap from Monday. The breakout has been tested and a close above SPY $360 this week would be very bullish. There was a massive rotation out of tech and into laggards. Travel, entertainment, restaurants, casinos and hotels rallied on the news Monday. To this point, most of the …
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