One Option Trading Blog https://ift.tt/2JXC94c Posted 9:30 AM ET - This is going to be a busy week of economic releases and we are off to a good start this morning. China's PMI was better than feared and some analysts believe that fiscal and monetary policies are starting to gain traction. The market has been compressing in a tight range near major horizontal resistance during the last month and the releases this week could result in a breakout/breakdown. China's Caixin manufacturing PMI came in at 50.8 and the official PMI came in at 50.5. It is back above the 50-mark which indicates contraction. China and the …
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