One Option Trading Blog https://ift.tt/2x1h28j Posted 9:30 AM ET - Last week the QQQ and the SPY tested their respective breakouts. QQQ failed to hold that level and tech stocks remained weak. After testing $287 twice, the SPY was able to maintain the breakout and that is an important level to watch. There are many speed bumps ahead and I believe the market won't have a meaningful rally until we see a few days of heavy selling. Chinese trade negotiations are not going well. Trump plans to impose tariffs on an additional $200 billion worth of goods. He is also pushing for sanctions against companies that …
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