One Option Trading Blog http://ift.tt/2I9M8hO Posted 9:30 AM ET - The market tested the 100-day moving average last Friday and it reversed sharply. We saw follow-through buying Monday and Tuesday. As I've been mentioning in my comments we can expect additional volatility. The S&P 500 is down 20 points before the open. The problem du jour is the departure of Trump's Economic Advisor Gary Cohn. He was instrumental in drafting the tax cut and he was opposed to steel tariffs. The market feels that this resignation is a sign that Trump will follow through with his plan. Gary Cohn was an asset to the administration and …
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