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Friday, June 28, 2019

The Calm Before the Storm - Big News This Weekend Will Determine Market Direction


One Option Trading Blog https://ift.tt/2ITTnwJ Posted 9:30 AM ET - The market is completely driven by news these days. One event passes and the action dies down until the next release. This is true whether it is a trade related meeting, the FOMC, economic news, continuing resolution, Brexit or other. We are in a holding pattern and traders will take their cue from the G20 meeting this weekend. The rhetoric between China and the US has been heated and the meeting was in question a few weeks ago. China revised key terms that had been agreed upon a number of weeks ago and the US responded …

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