One Option Trading Blog https://ift.tt/2Iuq8lO Posted 9:30 AM ET - The market is consolidating above the 100-day moving average while it waits for pending news. Trade negotiations are in focus and the process is ongoing. Trade talks could last through the summer. The longer they take, the greater the risk of inflammatory tweets. Last night there was a rumor that China would reduce the budget deficit by $200 billion. Boeing was one of the largest benefactors and that still might be the case. China denied the rumor. Both sides have made concessions and that is a sign of progress. NAFTA won't happen until Mexico holds its …
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