Something a foot, gold continues to climb but junior mining stocks (gdxj) are dropping but large cap miners (gdx) have gradually climbed. We have a disconnect. In addition to the apparent divergence RSI hit 74. I sold 1/10 my UGLD position to lock in some this 10% profit on this trade.
Bonds continue work as hedge I’m long TMF up about 8%, chart looks good stay the course.
Oil is up but oil stocks have divergenced. Similar to gold and the miners.