One Option Trading Blog https://ift.tt/2URrtpm Posted 9:30 AM ET - Last week the market struggled to tread water. Horizontal support at SPY $264 was breached on Friday and we closed on the low of the day. Serious technical damage has been done and investors want action, not words. The Fed needs to take its foot off the brake this week or we will close on the low of the year. Trade negotiations with China have a 90-day deadline. The rhetoric has been fairly calm, but Trump could fan those flames at any time. China has softened its tone regarding its 2025 agenda to become the global …
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