One Option Trading Blog https://ift.tt/2JlQQJT Posted 9:30 AM ET - Yesterday the market gapped higher and it flat lined the rest of the day. It was able to hold the gains and the SPY closed above horizontal resistance at $274. That is a bullish sign and traders are ignoring the dark clouds. Steel tariffs have been imposed on Canada and Europe. If these tariffs are imposed on China they said that all negotiations in the last month would be nullified. Trade wars sparked selling three months ago and they are still possible. Europe plans to retaliate with tariffs and that news will not be well-received. The …
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