1:01 pm PST. SPY gapped up again this morning and continued higher all day. The gold mining stocks and treasuries remained under pressure. GDX and GDXJ have more downside tomorrow.

The dollar UUP closed below the 200 sma daily and looks bearish. If it breaks down from the lower trendline, look out below. It might provide some temporary support here, we will see.

The FXE could bounce to $115 over the summer. Maybe, not 100% sure.