Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 689.10

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To: Peace who wrote (120971)	3/1/2019 4:34:54 PM
From: GROUND ZERO™	Read Replies (1) of 222291

Thanks for that clarification on the markets, my models tell me the momentum has dried up completely, that we may now be looking at a ball that was tossed into the air and is now stopped rising and is ready to return to earth... It will require something more in order for these markets to have the energy to push upwards through that ceiling just above... it may have to back down some just to gather speed... maybe a trade deal announcement... We'll know more on Monday... Thanks again... I've been short April gold from 1343.80 and will let it run the distance... I hesitate to pick a bottom but you may be right on its destination, 1280 may be a good place to bottom... Thanks, again, have a pleasant weekend... GZ

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