One Option Trading Blog http://bit.ly/2CDV25j Posted 9:30 AM ET - Try the indicator in the chart below at WWW.ONEOPTION.COM. It is the only indicator I use for day trading the S&P 500 emini futures contract. Yesterday the market showed the first signs of weakness. The selling pressure was steady and the SPY breached the 50-day MA during the day. It did close above it, but another drop below it could pave the way for more selling. Trade talk rumors are circulating – don't believe them. Last week we heard that Trump was going to remove all tariffs and yesterday we heard that …
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