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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: the longhorn who wrote (126528)6/14/2019 9:22:54 PM
From: GROUND ZERO™2 Recommendations

Recommended By
rxbond
the longhorn

  Read Replies (3) | Respond to of 222147
 
BREAKING NEWS...

We already have a reason for a big gap up opening on Sunday night, and if it hold into the Monday morning opening then we're on our way...

Trump Administration Suspends Trade Complaint Against China

By The Associated Press - Associated Press - Fri Jun 14, 4:13PM CDT

WASHINGTON (AP) — The Trump administration has suspended a complaint it had made against China to the World Trade Organization, a shift that might signal a slight opening in the administration's trade war with Beijing.

The WTO says it's granted a request to suspend work until December on the administration's complaint that Beijing has failed to safeguard the intellectual property of U.S. companies operating in China — a major issue in the trade war. The Geneva-based WTO weighs disputes between its members, and if a country prevails, it can impose tariffs on imports from the other. President Donald Trump has already imposed tariffs on many Chinese goods.

The WTO's announcement did not say why the administration had made the request, and the U.S. trade representative's office didn't respond to a request for comment.

barchart.com

GZ



To: the longhorn who wrote (126528)6/15/2019 9:43:46 AM
From: yard_man  Respond to of 222147
 
Gold does look good -- I've just got an itchy trigger finger.

# possibilities this coming week.

  1. Some weakness prior to Fed -- then minerss take off screaming through resistance after announcement
  2. MIners take off monday morning -- looking really good -- then (per tradition) whacked hard after the fed meeting
  3. Miners start higher monday and get a real boost right after fed
Of these scenarios I regard 3 to be least likely.

Since folks know the pattern 2 -- we may get 1. -- folks trying to get ahead of the Fed and get out of the way?

As I think about it -- if 3. happened, that's the one that would catch me flat-footed since I am out.

1 & 2 both offer oppty to buy back in cheaper.

Missed opportunity is easier to take than ... a sharp stick in the eye?? :-)

Nice chart -- deja vu??