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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 292.33+1.2%4:00 PM EDT

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From: ajtj997/18/2019 10:00:46 AM
   of 85644
 
Philly Fed printed a huge number today. Big upside surprise.

Meanwhile, iron ore hit a 5-year high yesterday, and industrial metals keep moving up in price.

It appears China's stimulus efforts are pulling industrial commodity prices up. Even lead, an important auto component, has been on the rise. It's now at the highest level it's been since March, up almost 15% off the June lows.
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