Starting the month of May on a positive note as the Dow gained 143 points. Volume was average and the advance/declines were about 3 to 1 positive. Back and forth we go here. Building a top or ready to go to recovery highs? That is the question here. Summation index is trying to break down but it hasn't yet. Actually more oversold than overbought here. I'm not exactly sure what to do here but I'm leaning towards the OEX puts near the end of the week. That's todays guess. Employment report on Friday. Gold was up a couple of bucks today but the XAU fell 2 1/2. ABX off 3/4, GG down 1/2 and NEM lost over a buck. Volume was light. Gold remains strong with the dollar rising as well. The gold shares diverged today from the metal and that could be trouble. Or not. We may have just taken a day off from the uptrend. Overbought here though on the gold shares. However volume was light on the pullback. I'm still considering buying some ABX calls again before expiration. Risky though. We'll see. Mentally I'm doing OK, could have slept better. Was today beginning of the month money flows or something more? Lots of questions here and that isn't usually conducive to profitable trading. I'm still leaning towards the OEX puts before the employment report but we'll see. Gold is overbought but it looks like it wants to try new highs. A lot to think about as usual but I don't see any clear picture as to what to do just yet.