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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 301.89+0.3%9:41 AM EDT

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To: e2thex who wrote (85114)7/18/2019 10:24:32 AM
From: ItsAllCyclical  Read Replies (1) of 86637
 
I'm a better than average market timer, but far from great. That was a bit of luck to nail it like that. Gold did back test 1400 and that part almost worked great as well, but still was able to buy back at very reasonable prices (didn't sell the whole thing anyways, just pared back). Even though gold didn't have a deeper correction I think it was still the right call at the time.

SAND breakout alert. Far cheaper than RGLD, good management/FA.

In terms of broad market most likely scenario now would be a retest of the recent highs going into Fed or prior and then maybe we get a deeper rollover. Still watching earnings/CCs for clues.
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