One Option Trading Blog http://bit.ly/2FRGCSv Posted 9:30 AM ET - The S&P 500 broke through the 50-day moving average on Friday and that support level needs to hold. There are many unresolved issues and the downside will be tested early this morning. We are in a bullish pattern of lower opens and higher closes. This is a long earnings cycle and we won't have clarity for another month. China's economic numbers were in line. GDP fell to its lowest level since 1990, but it is still robust (6.4%). Industrial production and retail sales were slightly ahead of expectations. Chinese/US trade negotiations seem to be progressing and …
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