One Option Trading Blog https://ift.tt/2Md2xa9 Posted 9:00 AM ET - Yesterday the S&P 500 was less than 10 points away from an all-time high. Buyers tried to challenge resistance throughout the day but the volume was light and the market lacked a catalyst. Momentum alone is not likely to push us through resistance and all sectors need to participate. Financials and energy were soft throughout the day. Sellers emerged in the last hour of trading and that pressure is spilling over this morning. The issues that have been present for weeks are getting attention overnight. Turkish credit, Iranian sanctions, Chinese tariffs, a hawkish Fed and a …
No comments:
Post a Comment