One Option Trading Blog https://ift.tt/2pHX0vf Posted 9:30 AM - The market took a pounding last week and the S&P 500 closed below the 200-day moving average on Friday. We expected to see a big bounce off of this level and we are getting one this morning. If the move had been meager, we would have probed for support. Given that we are up almost 40 points before the open, this looks like a capitulation low. Buy stocks on the open. The potential trade war with China weighed on the market. I told you in my comments that Trump was using this threat to get China to …
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