3/1/16 Nightly Update

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The markets gapped up clearing the 39 resistance level only to pullback during RTH and then blast off. This type of move completely changes the thinking for the end of the week and as traders it is just an adapt and trade type situation. A 2000 print or even new yearly highs isn’t out of reach for this week. $GOOGL is the option call play of choice for March expiration followed by AMZN. Enjoy the volatility!

Eric Marcus
President/Co-Founder
majorleaguetrading.com

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