cover of episode Markets on hold for the FED on the 16th June - Market Report Dr. David Paul | VectorVest

Markets on hold for the FED on the 16th June - Market Report Dr. David Paul | VectorVest

2021/6/17
logo of podcast The VectorVest Stock Market Podcast

The VectorVest Stock Market Podcast

Shownotes Transcript

Send us a text)

The US markets have pulled back slightly in the morning trade of the 15th June causing the short-term trend on VVUS to change to down. The SP500 is still trading above the previous resistance at 4245. Markets are awaiting direction from the FED 2 day meeting starting on the 16th of June. Gold is trading lower and 1845$ is critical support for the yellow metal. Oil continues higher and looks set for 80$ in this cycle.