SENTIMENT TRADER CHIMES IN:
Hedging bets. The Equity Hedging Index has stalled below 20 for a month. The last time we saw a trend like this was in 2014, after which stocks dipped then rallied, although slightly.
Goldie drops. At the beginning of June, 94% of gold mining stocks were above their 50-day moving averages. At the end of the month, only 4% of miners were.