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Wednesday, September 11, 2019

Watch This Key Level - Buy If the Market Is Above It


One Option Trading Blog https://ift.tt/2I2zenD Posted 9:30 AM ET - Yesterday the market tested the breakout at SPY $297 and it held. A rally in the last few minutes pared most of the losses and the open looks positive. China will postpone tariffs on 16 US goods and dovish expectations from the ECB tomorrow are positive influences this morning. The news cycle is fairly light this week and the market is likely to trade in a range between SPY $294 and $300. China and the US will calm investor concerns with proposed face-to-face negotiations. Both sides know that an agreement will not be reached before the …

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