More of the same yesterday as the indexes had a late day rush higher. However, looking at the chart of the NASDAQ-1000 you can clearly see why trader might start rushing for the exits around this 165 level. This presents a great opportunity for us option traders. Clearly defined support and a pull-back target of around 150 or so makes for a sweet trading opportunity…if you know what your trading of course. We have our eye on some options right now that we might jump into later on today!
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