One Option Trading Blog https://ift.tt/3712DcX Posted 9:30 AM ET - Yesterday the market spent most of the day unchanged and a late day surge pushed the S&P 500 to a new relative high. Stocks are up this morning and investors are focused on the global economic reopening. The virus and widespread riots are being discounted and good news is priced in. Support at the major moving averages is strengthening each day that we close above them. This morning we learned that China's Caixin Services PMI rose to 55 and that is up from 44.4 in April. China's economy reopened in April and it is the litmus …
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