Today was your typical summer Monday going nowhere type of session. The Dow fell 34 points on average volume. The advance/declines were positive. The summation index is tracking sideways. Both the NASDAQ and S&P 500 finished basically unchanged. The S&P remains short term overbought. It is a light week for economic data. Some major retailers will be reporting earnings but that's about it. I will probably try and let this week pass before trying the next trade. Gold was off $4 on the futures. The US dollar was higher and interest rates ticked up. The XAU and GDX had very slight fractional losses on extremely light volume. Volume has dried up for the gold shares lately. GDX remains in a sideways channel and short term overbought. Mentally I'm feeling OK. The VIX was a touch lower today and remains short term oversold. Nothing new to report here. Perhaps we have finally hit the summer doldrums. Asia was generally higher and Europe lower to start the week. We'll see if things pick up tomorrow.