The Dow closed down -122.65 points after being down 221 points in the morning. GOVT closed above the prints while the TLT sold off into the close as the indexes picked up a bid into the close. I am neutral on the indexes.

Silver closed above the 4/8 emas day, but gold, GDX, and a handful of miners closed below their 4/8s day charts which would typically be bearish. There were also no significant block trades in the dark pool to indicate a bias one way or the other on behalf of the market makers. UUP tested that big 1.6 million print at 26.04, sold off, and closed below. Still a lot of mixed signals in the gold sector.

However, FCX had a really nice 569,633 share print at 16.12 and it closed above. FCX looks bullish for tomorrow.