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Industrials and Financials could lead market higher this week while Metals fall

Not much change in US futures to start the week, S&P having pulled back around 5 handles from overnight highs.. Range still very much intact for S&P with 2400 important on the downside and will need to get back up over 2445 for signs this is breaking back out to the upside-   Industrials strength and Financials are two bullish sectors helping to support this market in the near-term while Tech has shown some minor stabilization in the last couple days-  Commodities meanwhile edging lower again with WTI Crude pulling back under last Friday's lows and likely to weaken down to 42 to test mid-June lows before any real bottom-  Bond yields have been pulling back around the globe this am.. and TNX down to 2.37-.. Premkt movers this am:  MYCC, KOOL, CETV, ABEO, DCTH, PLX, DMRC, GOGL, GXP, while on downside- ANF, ZN, OCUL, BBY-  Let me know if you have any questions

 

Gold getting closer to near-term lows, but still difficult to put in any sort of Bottom

Gold getting closer to near-term lows, but still difficult to put in any sort of Bottom