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Wednesday, June 12, 2019

Watch These Market Warning Signs - Favor the Short Side


One Option Trading Blog http://bit.ly/2Kez13s Posted 9:30 AM ET - The market hit resistance Monday and the bounce has stalled. Stocks have finished on their low of the day the last two sessions and we are seeing higher opens and lower closes. This is the first sign of strain and the market is likely to trade in a range for the next two weeks. The high of the range has been established and now we will probe for support. Trump said that a trade deal with China might not happen last night. He also said that tariffs would increase if Xi did not attend the G20 …

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