One Option Trading Blog https://ift.tt/2H2sQx4 Posted 9:30 AM ET - Today the market will test a critical horizontal resistance level at SPY $281. Trump extended the tariff deadline with China and a new date was not scheduled – it might not be needed. He said that a summit with Xi will be scheduled at Mira Lago when they have an agreement. China's market rallied 5% on the announcement and that is lifting global markets. Economic conditions in China are soft and the government has ordered banks to increase business lending. The PBOC has eased 5 times in the last year and loose monetary policy has not …
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