U.S. equities continue to create a flag and tread water around the unchanged line.
Gold is up a bit while other metals and mining companies lead to the downside as a result of comments out of Rio Tinto. Rio Tinto says the ‘golden age’ of China’s building is essentially coming to an end. This has iron ore and other base metals down along with Asian while European markets managed to pare losses.
Go eat a samich and chart out the end of the bull flag in the markets to see when we might have a breakout or breakdown.
If you enjoy the content at iBankCoin, please follow us on Twitter
