Think what we are seeing here is profittaking on the news. Existing home sales were even worse than expected. My bet is this pullback will be shortlived and we will go higher today, yet oil data at 10:30 will be important, watching PKD closely here as formed nice looking bottom.
watching BGO as well. Really hit lately and lots of room to catch up. HL sure is leading the way, also see SSRI and PAAS very pretty, in Golds KGC has broken out nicely. Lets hope this move has legs.
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