One Option Trading Blog https://ift.tt/2ri4eaC Posted 9:30 AM ET - Yesterday the FOMC left rates unchanged and they plan to hike two more times this year. Inflation is at their 2% target and they feel it will moderate. This was a dovish statement and the market declined after the announcement. I view this reaction as bearish and the market is going to challenge major technical support this morning. A possible China/US trade war is hanging over the market. The rhetoric has been tame the last few weeks and that has done little to calm investors. A delegation of negotiators will return this weekend. China will make …
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