Gold miners smashed, banks rally as ASX climbs the wall of worry

AUD is still rallying with EM:

Long end bonds are still breaking down while a deluded Phil Lowe holds up the short:

ASX climbs the wall of worry:

Dalian is soft:

Big Iron is down again with FMG still in trouble:

Big Gas is also toppy:

Big Gold is breaking on DXY strength:

Big Mortgage has a nice inverted head and shoulders pattern and could keep rallying on the yield trade as the long end falls:

I have no idea why Big Puswad isn’t pricing for the housing shakeout. Maybe because the banks aren’t:

Still feels pretty febrile to me. Avagoodweekend.