One Option Trading Blog https://ift.tt/2AoOnOQ Posted 9:30 AM ET - Yesterday the S&P 500 rallied right out of the gate and the light volume rally reminded me of a sellers boycott. Stocks were vulnerable to profit-taking and they sold off hard in the last hour of trading when President Trump announced a press conference. Investors sold on the news and China is in the crosshairs again. The S&P 500 closed lower for the day, creating a bearish hammer off of a relative high. We are seeing follow-through before the open this morning. The press conference timeline has not been disclosed and it will be the driving …
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