One Option Trading Blog https://ift.tt/2InnY7f Posted 9:30 AM ET - This week the S&P 500 tested the 100-day moving average and that support level held. I view this as bullish since there were a number of negative news releases that could have sparked selling. Trade negotiations are ongoing and as long as they remain friendly the market will tread water. China's trade delegation will meet in the US today and tomorrow. Both sides are far apart and we can expect this process to continue into the summer. Trade negotiations with Europe will take longer due to trade sanctions against Iran. A trade agreement with Mexico will …
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