Midday Missive

The Agri names have a bit of a bid.
POT & AGU have sold off the most and are now trading at their respective 200 DMA’s

 

SMH …is going sideways. This could take up leadership.

Gold..looks sick. Pending a hot ADP tomorrow I’d be looking for a test of its 50 DMA@
1206.80.

The Junior Gold Miners GDXJ have led the move lower. GDXJ is getting hung up at 200 Week MA support @ 32.50.

Bonds are breaking down with the spreads turning up.
Even with the early Equity weakness the spreads never moved.
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