ETF Trading Research 6/16/2019
Looks like an up morning and a sell off into the Fed and maybe a bit longer if we can get rolling.
We have signals coming in we have to trust with TMF going to a buy and FAS, TQQQ, BRZU and YINN to sells. Oil most likely topping out with Iran still playing along with nuclear agreement and no more tension there. But do admit market still resilient. 2910 is the topping area I see again.
Metals and miners should fall into Fed as well most likely.
Nat gas still has a leg down I think.
May not turn on data till after the open sometime or lunch. Wait for this market to turn.
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