One Option Trading Blog https://ift.tt/2MGykB9 Posted 9:30 AM ET - Friday stocks sold off in anticipation of Trump's harsh reaction to China's tariff hike on US goods. Worst-case scenarios were priced in and the S&P 500 dropped to support. Yesterday stocks bounced off of that level and the tone softened slightly. As I mentioned in my comments two weeks ago we would see volatility and the 100-day moving average would act as a magnet in August. I believe that we will hug that level during the next two weeks. The news calendar is light the remainder of the week and the trading volume is low. Major …
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