One Option Trading Blog http://bit.ly/2WZawuh Posted 9:30 AM ET - Yesterday the market tried to advance after breaking through the 200-day moving average the day before. The high of the day was established early and the momentum stalled. In the last 30 minutes of trading we saw a sharp decline. Late day selling is a bearish sign and the price action before the open is tenuous. We are seeing signs of exhaustion. China's trade numbers were better than feared. Exports rose 9.1% (3.2% drop expected) and imports fell 1.5% (10% decline expected). Trade negotiations seem to be going well and they will end Friday. The market …
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