One Option Trading Blog http://bit.ly/2I0BjQ0 Posted 9:30 AM ET - The market has declined since the US/China trade negotiations soured a few weeks ago. We saw a small bounce two weeks ago and we drifted down to test support last week. I still believe that the 200-day moving average will be tested soon. The news is very light this week and that favors the current momentum. Official PMI's, ISM manufacturing/services and the jobs reports will be released next week. Trading activity should be quiet today as we nurse a holiday hangover. President Trump visited Japan and he said that a trade deal was possible by August. …
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