Also below, our relative strength charts show strong relative strength in bond and gold. Gold looks to have broke out late last week and continues that move into this week. We can only assume the strength in XLB is related to the move in precious metals. Financials are also seeing some strength in terms of performance and money flow. Commodities lead in sub sectors along with telcom, which of course is a play on yield.
Watch todays short video for our compolete macro-monday analysis.