Interesting technical patterns at 2:03 pm

The market is weakening.
Bonds (LQD) have been strengthening (to be espected when the market weakens).
Commodities (DBC) are firm (this is strange because bond prices are rising and the market is weak - commodities have been moving with the market since 2002).
Junk bonds (JNK) are firm in spite of a weakening market (this is strange because junk bonds tend to move in the same direction of the market).

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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