Mid-day update

With the metals markets coming down after this mornings rally we don’t see the big gains in the miners that I initially expected. Still seeing slight gains in HL any AUY but very mixed across the board with the miners. I’m sticking with this play as I think most of the commodities are entering the next possible up leg.

Here are some key levels on HL. If we can get a late day rally above the 9.45 level I will be very bullish for tomorrow to possibly get up near the $10 level. Despite 6 up days in a row, they have all been small moves so we are no where near overbought.