One Option Trading Blog https://ift.tt/2JfNGrY Posted 9:30 AM ET - The S&P 500 has declined five straight days since making a new all-time high. Late day selling with follow through the next day is a bearish pattern. The breakout above SPY $295 has failed and the quadruple witching "sugar high" has vanished. Traders are anxiously waiting for news from the G20 meeting this weekend. The Wall Street Journal reports that China has a list of preconditions before trade negotiations can resume. Beijing wants the blacklisting of Huawei removed, they want all punitive tariffs to be lifted and they want the US to drop its export quotas …
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