One Option Trading Blog https://ift.tt/2PfSJLd Posted 9:30 AM ET - The market is searching for direction and opposing forces will keep it in a tight trading range through Labor Day. Traders are selling at SPY $286 and buying at SPY $280 The news is light and traders/politicians are taking time off. The problem du jour yesterday was Turkey. US economic sanctions are creating a potential credit crisis and Turkey's currency is dropped 30% in the last week. This can be quickly resolved if Turkey releases a wrongfully imprisoned American. The catalyst today is that trade talks with China will resume later this month. In early trading …
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