One Option Trading Blog https://ift.tt/2FOak9l Posted 9:30 AM ET - Yesterday the market staged a nice clean breakout through horizontal resistance. Better than feared economic data from China made traders think that the worst is over. The S&P 500 is only 2% from its all-time high. The market is pricing in a trade deal with China, an orderly exit for England, stabilizing global economic growth, dovish central bank policy and robust earnings. These events could all be resolved favorably, but the risk is elevated. China/US trade negotiations will continue for months and the gap is wide. Trump has threatened to keep tariffs even after a deal …
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