Loading ...So, they’ve got the HUI back below the 50 dma – barely, I expect we might close above it though. GLD still holding above as the 200 dma is turning higher like it may cross the 50 but stalling just a bit.
Volume isn’t too crazy.
So far maddog’s theory is holding water as far as the SM down with pm’s. Although the DOW is bucking the trend for some unknown reason. The Nasdaq appears to be in a little trouble, but it will bounce right back tomorrow.
The dollar and rates are bouncing pretty hard. So at least this little pullback makes sense.