One Option Trading Blog https://ift.tt/2UMpAuy Posted 9:30 AM ET - Last week the market broke through horizontal resistance and we are seeing follow-through this morning. The news was fairly light over the weekend and the bid is fairly strong. US/China trade tensions seem to be easing and Brexit has been postponed until January 31st. Credit concerns are minimal and buyers will remain engaged. I'm expecting lackluster trading and a range from SPY $294 - $302. Rumor has it that China will increase agricultural purchases if the US eases supply restrictions on Huawei and if it cancels the tariff increases slated for October 1st. If true, this …
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