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Thursday, June 6, 2019

Watch For These Market Warning Signs - This Is Only A Bounce


One Option Trading Blog http://bit.ly/2wBevRC Posted 9:30 AM ET - The market is bouncing from a deeply oversold condition. Dovish Fed remarks sparked buying and this move still has a few days before it exhausts itself. Trade from the long side, but know that this is only a bounce. Trump tweeted that “talks with Mexico are going well, but there is still a lot of work to do”. He wants action, not words. Until border crossings decline he will impose tariffs on Mexico. This is consistent with his election promise that "Mexico will pay for the wall". Rumor has it that Senate Republicans might block the …

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