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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 284.85-2.6%Aug 23 4:00 PM EDT

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To: LG who wrote (85120)7/18/2019 10:34:11 AM
From: ItsAllCyclical   of 85826
 
Yea, very possible to get a sell the news post Fed. On the other hand sector is tiny and if institutional money wants exposure they have to pay up here. Econ data I think will continue to be spotty. I still see gold as vulnerable to another flush under 1400 again at least until we get past say 1430+ for a few days then the odds should be reduced quite a bit at least ST. I'm fine if gold stays in a range for a while will make the next move that much better. May have more to say this weekend.
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