FusionIQ Commodity Group Still Showing Strength
As seen in the chart below the FusionIQ subgroup, Commodities, which includes a variety of ETF's, such as the GLD (streetTRACKS Gold Trust), the DBA (The Powershares Agricultural Tracking Stock) and the SLV (the iShares Silver Trust) to name a few has moved to new highs.  There are very few leadership groups in this tape and strength given the recent across the board carnage strong groups have to be recognized, particularly when there is good representation within the groups a/d line as it pushes to new highs.  Additionally with the backdrop of aggressive fed easing commodities should do well in a re-inflation scenario.



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