One Option Trading Blog https://ift.tt/2B4VCcd Posted 9:30 AM ET - Yesterday the market was poised to rebound and support at SPY $294 held through mid-day. In the afternoon stocks retreated on news that China had items that were not up for negotiation. The tone has soured overnight. Trump has blacklisted a number of Chinese companies due to civil rights violations. Face-to-face trade negotiations will resume Thursday and it is doubtful that they will bear fruit. The S&P 500 will challenge critical support at the 100-day MA this morning. An easy breach would be bearish. A trade deal with Japan was formally signed and that is positive. …
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