The president said another shutdown was not likely and China deadline could be extended. This prompted a decent rally with the Dow up 405 points intraday. Other news that Mnuchin was in China working on an actual framework for a potential deal also buoyed the market. The key question here is "will it last?" Will there be any follow through on Wednesday?
The markets closed slightly off their highs without only minimal end of day buying or short covering.
New positions are only added on Wednesday and Saturday except in special circumstances.
NEW DIRECTIONAL CALL PLAYS
No New Bullish Plays
NEW DIRECTIONAL PUT PLAYS
No New Bearish Plays