One Option Trading Blog https://ift.tt/2XT1DTM Posted 9:30 AM ET - PRE-OPEN MARKET COMMENTS WEDNESDAY - The market continues to float higher on light holiday volume. Until president Trump signs the bill supporting pro-democracy protesters in Hong Kong the rally will continue. Traders view his reluctance to sign the bill as "market friendly". It demonstrates that he wants a trade truce with China and that he doesn't want to muddy the water. Look for very quiet trading today with an upward bias. If Trump signs the bill, China has promised to retaliate and the trade truce could be in jeopardy. They need this agreement more than we …
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