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Thursday, September 5, 2019

Buy This Market Breakout - Use This As Your Stop and Target


One Option Trading Blog https://ift.tt/2ZULwVi Posted 9:30 AM ET - This morning the market will break through horizontal resistance at SPY $294. The United States and China will resume trade talks in October and Brexit will be delayed until January 31st. These are two significant developments and the rally this morning should have “legs”. Face-to-face trade negotiations will be scheduled the first week of October, but rumor has it that China wants the US to cancel new tariffs slated for 10/1 as a sign of good faith. China has delayed its retaliatory tariffs until December 15th and it withdrew the extradition bill in Hong Kong. The …

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