Market Analysis for Trading on 8/23/19

Mish Schneider | August 22, 2019

Today’s commentary is by Geoff Bysshe, MarketGauge President, who’s filling in for Mish until August 24th. New Nothing was hit today. I’d wait until Monday to initiate any new positions Existing Positions: Semiconductor ETF SMH (ATR: 3.38) Long: 112.07 Stop: 109.77 Target 1 HIT but didn’t sell, only moved stop up to 109.77 Target 2 (sell ½) 119.75 Silver SLV (ATR: .16) Long at 14.55 or 14.71 No loss Stop: 14.55-14.71 First targets: Depends on

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