One Option Trading Blog https://ift.tt/2NWnns3 Posted 9:30 AM ET - The market is testing the recent breakout and this is a critical juncture. The QQQ closed below $182.80 yesterday, but the SPY bounced off of $287. A number of dark clouds are looming and Asset Managers are not worried about missing a year-end rally. If the SPY closes below $287 bullish speculators will get flushed out and we could hit a nasty little air pocket. According to a Wall Street Journal article new Chinese tariffs could be announced in the next two weeks. They will not go into effect before the November elections. Other news sources …
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