One Option Trading Blog https://ift.tt/2HauE8a Posted 9:30 AM ET - Yesterday the market gapped above its 50-Day MA and the SPY pushed through the 100-day moving average. Buyers are focused on earnings and political headlines have subsided temporarily. We've seen very heavy selling the last two months and the price action is tenuous. For the time being sellers have backed off and I expect this bounce to last through April. President Trump met with North Korean leader Kim Jong Un and the talks went smoothly. For the time being, this dark cloud has parted. Many other dark clouds (FBI raid on Cohen, Chinese tariffs, Syria and …
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