•Stocks find support at logical levels
•Small caps, Semiconductors & Biotech lead to the upside. This is a good sign for the general market
•Utilities, but not Real Estate react to a drop in the investment-grade debt
•Will the Homebuilders lead Real Estate (IYR) lower, or will IYR breakout?
•High-yield (junk) debt approaches 52-week lows. Will this fact sink stocks?
•Treasuries and bonds run into resistance, but the up-move doesn’t feel done yet
•Dollar index (DXY) breaks out against Euro and Pound. DXY is now bullish vs. most currencies
•Gold bulls and bears locked in a fight of attrition
•Oil looks poised for a push down towards $61
•Natural gas around $3 is an attractive target for shorts
•Bitcoin and other cryptocurrencies continue their down drift
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