Equities seem to be consolidating with the DJIA down 30 and the SPX higher by less than a point.
Strongest sectors- gaming, airlines, metals, energy and trannies while nat gas, reits, drugs and semis lag.
NYSE- 372 net green;
NAZ- 60 net red;
SPX - 215 GREEN;
NDX- 38 GREEN;
TRIN- .59 with up volume more than double the down- interesting;
VIX - down about 2% at 19.67 and a few percent under the SMA 10;
RSI 2 levels- nearing 80 as we struggle at the these new over bought levels.
Lagging etf's include XRT XLK and the big standout IYR with an RSI 2 level nearing 3.
Still long SLV but sold the last of my VALE - on the spike up this morning.
Bottom line - looking at a range bound day with a move up later in the week in front of the big payroll number on Friday.